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Automobile export transportation creates a significant competition for railway transportation
21.12.2023
Export transportation of agricultural products by rail in the direction of the western borders with the EU continues to decrease and amounted to an average of 393 wagons/day in December, Spike Brokers reports. On average, Ukraine sends two European trains across the border to Poland, one each to Hungary and Slovakia, and almost three to Romania. The average number of wagons unloaded in Black Sea ports during the last week amounted to 950-1050 wagons/day. In addition,...
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Purchase prices for grains in Ukraine on December 20, 2023
20.12.2023
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 1400 Peas 8333 1234 Rye 4500 Corn 6019 ↑ 13 4911 ↑ 18 4467 155 ↓ 2 148 193 ↑ 1 Flax 16000 ...
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Corn prices in China fall under pressure from increased supply
20.12.2023
According to the State Customs Service of the People's Republic of China, in the 11 months of 2023, compared to the same period in 2022, China increased corn imports by 12.3% to 22.18 million tons, in particular in November - a record 3.59 million tons, which is by 384% exceeded the indicator of November 2022, primarily due to the increase in supplies from Brazil and Ukraine. The volume of corn imports exceeded the forecast, despite this year's own record grain harvest of 288.84 million...
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Egypt bought another large batch of Russian wheat at $287.4/t C&F
20.12.2023
The state Egyptian operator GASC purchased 480,000 tons of Russian wheat at an international tender on December 19 with delivery in February 2024 and payment in 270 days at a price of $265/t FOB + freight $22.4 (21) $/t = 287.4 (286) $/t C&F, while the purchase price at the previous auction on December 5 was $275.17/t C&F. 13 (9 in previous auctions) Russian wheat offers were submitted to the tender at a price of $260 (260) $/t FOB with payment in 180 days or $270 (265) $/t...
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India increased palm oil imports to a 3-month high in November
20.12.2023
According to the Solvent Extraction Association of India (SEA), in November compared to October, India increased palm oil imports by 23% to a 3-month high of 869.5 thousand tons, reports Hellenic Shipping News. In addition, soybean oil imports in November also rose by 10.8% to 149.9 thousand tons, while sunflower oil imports decreased by 16.3% to 128.7 thousand tons, which was the lowest figure in the last 17 months. According to SEA estimates, domestic stocks of vegetable...
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Purchase prices for grains in Ukraine on December 19, 2023
19.12.2023
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 1400 Peas 8750 1234 Rye 4500 Corn 6006 ↓ 33 4906 4467 156 141 ↑ 3 193 Flax 16000 ...
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Canada's Ministry of Agriculture has increased its forecasts for the production and export of wheat, barley and canola in 2023/24 MY
19.12.2023
In the December report, experts of the Ministry of Agriculture of Canada (AAFC) increased the forecast of wheat production in the country in 2023/24 MR by 2.2 to 32 million tons (34.3 million tons in 2022/23 MR), and the export forecast - by 1, 9 to 23.2 (25.7) million tons. The forecast of domestic wheat consumption was reduced to 8.6 million tons, as a result of which the estimate of final stocks was increased by 0.4 to 4 (3.7) million tons. According to the Canadian Grain...
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An increase in forecasts for the harvest and exports of wheat from Canada lowers quotes in the US
19.12.2023
Wheat quotations on world exchanges remain under the pressure of a significant volume of offers and low demand from importers. In the December report, the MSG of Canada increased the forecast of wheat production in the country in 2023/24 MR by 2.2 to 32 million tons (34.3 million tons in the previous season), and the export forecast - by 1.9 to 23.2 (25, 7) million tons This news had a negative impact on the US wheat market, whose exports on December 12, according to the USDA,...
