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A 2.5% rise in oil prices this week supported palm oil and soybean oil, although overall markets remain under pressure from higher production and lower exports.   April palm oil futures on the Bursa Malaysia exchange rose for three straight sessions and rose 1.58% yesterday to 3,924 ringgit/t or $824/t (+1.6% on the week), remaining fairly stable for two weeks   According to surveyors AmSpec Agri and Intertek Testing Services, for February 1-25, compared to the same period...

Against the background of continued hostilities between Israel and Hamas and new Houthi attacks on commercial vessels in the Red Sea, oil prices rose to a two-week high, not reacting to data on increased supplies from the Russian Federation.   April Brent crude futures rose 2.4% this week to $83.6/barrel (+1.5% for the week, +2.2% for the month), while Russian Urals crude for the time fell by 1% to $74.3/barrel (+2.3% for the month). Russian oil prices exceed the US level of...

In the February bulletin "Global prospects for North Africa" of the agency Mars, it is noted that dry weather in the countries of North Africa has significantly reduced the yield of grain crops.   Thus, in most agrarian regions of Morocco and the central and northwestern regions of Algeria, the accumulation of biomass of agricultural crops is significantly lower than the average indicators, and in Tunisia and Western Libya, the drought significantly delayed the sowing of...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 2750 Peas 10250 10000 17000 Buckwheat 9200 Rye 6000 Sugar beet pulp gran 5500 Green peas 19500 ...

IGC experts predict that the world production of dry peas in 2023/24 MR will reach 13.9 million tons, which will exceed the previous season by 0.5%, primarily due to an increase in the harvest in the Russian Federation by 400 thousand tons to 4 million tons.   This means that the Russian Federation will remain the world's largest producer of dry peas. Second place will be taken by Canada, which will harvest 2.6 million tons of peas, which is 23.8% or 800 thousand tons less than...

Against the backdrop of a decrease in world corn prices due to improved weather conditions in Argentina and Brazil, purchase prices in Ukraine during the past week fell to $135-140/t with delivery to Black Sea ports. However, the resumption of purchases by buyers from China, where the New Year celebration ended, led to an increase in demand and an increase in prices to $140-145/t.   In addition, traders faced with reduced supplies amid falling prices were forced to pay extra for fast...

Hysteria is intensifying in Poland over the losses of local farmers caused by Ukrainian grain, and no one is paying attention to the reasons for the drop in world prices. Even the EU Commissioner for Agriculture, Janusz Wojciechowski, declares that Ukraine has caused losses to the EU's agrarian complex of 19 billion euros, thus fueling protests in the country.   Yesterday, Polish farmers blocked the border with Germany at the Swiecko point on the A2 highway for half a day....

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 2750 Peas 10250 9200 17000 Buckwheat 9200 Rye 6000 Sugar beet pulp gran 5500 Green peas 19500 ...