News

On May 30, the Council of the EU adopted a resolution to increase the customs duty on the import of grain and oil crops, their processing products, as well as granulated pulp and dried peas from the Russian Federation and Belarus to a level that will actually stop their supply. Currently, import duties on these goods are absent or very low.   The resolution, which will enter into force on June 1, will also deprive the specified goods of access to EU tariff quotas, but will not affect...

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 7850 6969 6034 172 190 156 205 ↑ 2 Soybean hulls...

The head of Boroshnomela State Council of Ukraine, R. Rybchynskyi, told the Agro Ukraine Summit that specialized associations and the Ministry of Agricultural Policy plan to return to the practice of signing the Memorandum on grain export, which has not been used in recent years, and are currently discussing the terms of the document.   We will remind that recently Acting Minister of Agricultural Policy T. Vysotskyi reported at the "Bread Industry 2024" conference that the...

According to the Conab agency, as of May 26, soybeans in Brazil have been harvested for 98.1% of 45.7 million hectares, and the harvest forecast remains at the level of 147-152 million tons.   The Buenos Aires Grain Exchange reports that as of May 22, soybeans in Argentina have been harvested on 78% of the area, and the harvest forecast has been raised to 50.5 million tons, which is slightly higher than the USDA's May estimate.   The USDA Crop Tour showed that as of...

Cold and wet weather in Canada is delaying canola planting, supporting canola and canola exchange prices, although rainfall in Australia is improving prospects for the upcoming canola crop.   As of May 20, Saskatchewan had 56% of its planned acreage planted with canola, and Alberta had 58% of its acreage planted, compared to 68% and 62% planted at this time last year, respectively.   Cyclones will bring another wave of rain to the Canadian prairies next week, replenishing...

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 Buckwheat 480 Sugar beet pulp gran 155 Corn 7850 6969 ↑ 438 5988 172 ↑ 1...

Corn prices have been rising recently on the back of a speculative increase in wheat prices, but they have been slightly reduced by the intensification of sowing in the US and harvesting in Argentina, as well as rainfall in Ukraine.   According to NASS, 83% of the planned area was sown with corn in the US on May 26 (70% a week ago, 89% last year, 82% on average over 5 years). Thanks to the warm weather with periodic rains, seedlings were obtained on 58% of the areas, which...

The intensification of Israel's military operation in the southern Gaza Strip city of Rafah and a clash between Egyptian and Israeli soldiers at a border post sent oil prices up 2.5% this week, supporting vegetable oil markets.   July Brent oil futures on the ICE Futures exchange in London rose by 2.5% to $84.2/barrel in two sessions (+1.7% for the week, -3.6% for the month).   An Egyptian soldier was killed in a clash with Israeli troops at a border crossing in the...