News

The volume of sunflower offers in Ukraine and the demand for it from processors remain insignificant, therefore the purchase prices are at a low level.   As of October 27, 11.07 million tons of sunflowers were harvested in Ukraine from 4.69 million hectares or 88% of the area with a yield of 2.36 tons/ha. Thanks to favorable weather, sunflower harvest forecasts remain at the level of 13-14 million tons, which is in line with USDA estimates. Despite active harvesting, the number of...

Stratégie Grains experts raised their forecast for EU rapeseed production in 2023/24 MY by 0.2 to 19.7 million t (19.5 million t in 2022/23 MY) compared to previous estimates, thanks to better-than-expected yields in Romania , France and Germany.   In October, rapeseed and canola prices fell by 6% and 4.2%, respectively, on the back of improved crop forecasts in the EU and Canada, where harvesting took place in favorable conditions.   February canola futures on the...

Polish carriers threaten to block all checkpoints on the border with Ukraine due to increased competition amid the liberalization of international transportation between Ukraine and the EU.   This is reported by the Ukravtoprom association with reference to the International Transport Association of Ukraine.   The first campaign, which will last for two months, is planned to start on November 3 near the Korchov checkpoint. But if earlier Polish carriers blocked only one...

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 1100 Mustard seeds 629 Peas 210 Buckwheat 10000 Green peas 5000 Corn 5500 3867 ↑ 10 3649 ↓ 20...

Kernel, Louis Dreyfus Company and Cargill became the largest exporters of Ukrainian grain in FY 2022/23.   In 2022/23, Ukraine increased grain exports compared to the previous season by 1 million tons to 49 million tons, of which 55% were shipped through deep-sea ports, and the rest via alternative routes.   The change in the main export routes has significantly adjusted the structure of the largest grain exporters, since deliveries by alternative routes are very...

As of October 26, 43.37 million tons of grain and leguminous crops were threshed in Ukraine from 8.85 million hectares or 81% of the area with a yield of 49 tons/ha, the Ministry of Agriculture reports with reference to operational data on the progress of the harvesting campaign.   Harvesting of the following crops is in progress: corn - from 1.947 million hectares or 48% of the area, 13.32 million tons were threshed with a yield of 6.84 tons/ha, buckwheat - 205.6 thousand...

Heavy rains in Brazil, Argentina and the United States have improved the outlook for the upcoming harvest, adding pressure on prices amid weak demand for the old crop.   According to the Buenos Aires Stock Exchange (BAGE), heavy rains in Argentina's main agricultural regions have improved soybean, corn and sunflower harvest potential. As of October 23, 22% of the planned 7.3 million hectares were sown with corn, 32.3% of the planned 1.95 million hectares with sunflowers, and...

A significant volume of wheat offers on the world market against the background of low demand leaves quotations at multi-year lows, and during the past week prices have decreased by another 1.8-3.3%.   On Thursday, on the news about the suspension of the Black Sea Grain Corridor, quotations rose slightly, but after the resumption of work, they immediately fell again.   December futures have remained flat for three straight weeks, but were slightly lower on Friday: by...