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The experts of the European Commission reduced the forecast of rapeseed production in 2024/25 MR by 0.3 to 19.1 million tons (19.7 million tons in 2023/24 MR), and corn – by 0.6 to 68.6 million tons, which will exceed last year's indicator by 9%, and the average 5-year indicator - by 3%. At the same time, imports are expected to decrease compared to the current season from 20 to 17.4 million tons.   The forecast of the soft wheat harvest in the EU in 2024/25 was left at the...

In 2023, the volume of world exports of peas reached the highest level in the last 20 years - almost 8 million tons, of which 41% were exported from the Russian Federation and 36% - from Canada, the analytical agency Russian Pulses Analytics reported.   According to the Europak company, in 2023 the Russian Federation exported 3.4 million tons of legumes, of which 28% were delivered to China, 21% to Turkey, and 5% to Pakistan.   According to Rosstat estimates, in 2023 the...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 3200 Peas 12250 Rye grade IV 5000 Sugar beet pulp gran 155 Corn 7857 6969 6114 174 190 146...

Oil prices continue to fall in anticipation of a settlement of the conflict between Israel and Hamas, and forecasts of a reduction in US oil demand, not reacting to the reduction in US inventories and the OPEC+ decision.   At the OPEC+ meeting on June 2, it was decided to extend the agreement to reduce oil production by 2 million barrels/day until the end of 2025. In 2024, all OPEC+ members are allowed to produce 39.425 million barrels/day, and from January 2025 the quota will...

In less than 5 months, Ukrainian sugar producers have already exhausted the annual quota for sugar deliveries to the EU. Ukrtsukor proposes to stop exports to the EU until 2025, and the Cabinet of Ministers introduces a zero quota for sugar exports to Europe from June 1, although other markets are open for exports.   However, the export potential is approximately 1 million tons, so it is necessary to look for new buyers, especially since farmers have significantly increased the area...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 3200 Peas 12250 Sugar beet pulp gran 155 Corn 7857 ↑ 7 6969 6114 174 190 158 205 ↑ 2 Flax 17000 ...

The wheat market continues to receive news that contributes to a further increase in stock prices, so traders are actively buying wheat futures.   Rusagrotrans experts reduced the forecast of wheat production in the Russian Federation in 2024/25 MR from 92-96 to 77.4 million tons, while other analysts estimate it at 81-83 million tons. At the same time, the wheat export forecast was reduced by 6 million tons to 43 million tons.   India's government could lift a 40%...

Traders' attention is currently focused on the weather in the south-west of the Russian Federation, which will remain dry and hot for several more weeks, while winter wheat crops are experiencing a severe lack of precipitation. World wheat prices rose by 20-30% in 2 months based on forecasts of a decline in the wheat harvest in the Russian Federation.   Since Tuesday, rains have come to Ukraine and the south-west of the Russian Federation, but in the northern regions there was...