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Purchase prices for grains in Ukraine on October 25, 2023
25.10.2023
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 EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 1100 Mustard seeds 629 Peas 210 ↓ 64 Green peas 5000 Corn 3879 3630 1890 ↑ 1750 135 181 ↓ 6 Flax 450 rapeseed cake ...
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Freight rates for sea transportation decreased by $3-7/t on average
25.10.2023
According to Spike Brokers, as of October 23, the total export and planned shipment of agricultural products by sea and river in October reaches about 2.3 million tons. "Export deliveries by sea are gradually becoming more active. From the ports of the Black Sea, the remaining products that were there at the time of termination of the grain agreement are still mainly shipped," Spike Brokers reports. Freight rates for sea transportation decreased by...
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The MARS agency lowered the forecast for corn and sunflower yields in the EU due to drought
25.10.2023
Against the background of warm and dry weather at the beginning of autumn, which aggravated the drought in the south-east of the EU, the MARS agency lowered its forecast for the corn yield in the EU from 7.26 to 7.13 t/ha compared to the September estimates, which would be 5% below the average of 5 -annual indicator, but will exceed the level of dry 2022 by 21%. The sunflower yield forecast has been reduced from 2.2 to 2.1 t/ha, which will be 5% lower than the average 5-year...
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The authorities of Ukraine have decided to strengthen the requirements for registration of export of grain and oil crops
25.10.2023
The export of Ukrainian grain suffers from Russia's blockade of sea ports and the ban on imports by neighboring EU countries, as well as constant shelling of the port infrastructure. In recent weeks, the situation has been complicated by the police and tax authorities' fight against illegal exports (which has existed for a decade), which has paralyzed shipments from Danube ports. In the ports of Reni and Izmail, large-scale searches and document checks were conducted at...
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Purchase prices for grains in Ukraine on October 24, 2023
24.10.2023
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 EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 1100 Mustard seeds 629 Peas 7500 295 ↑ 21 Corn 3879 3630 ↓ 169 1890 ↑ 1750 135 193 ↑ 6 Flax 440 rapeseed cake 250 ...
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Oil prices fell 2.5% on hopes for a diplomatic solution to Israel's conflict with the Gaza Strip
24.10.2023
December Brent crude oil futures fell 2.5% to $89/barrel yesterday amid easing tensions in the Middle East. Because of a diplomatic mission to free hostages taken by Hamas, Israel has postponed an operation in the Gaza Strip, and Western countries are trying to stop the expansion of the war between Israel and Hamas. The UN called for a "humanitarian pause" in the war, which was supported by EU leaders. December palm oil futures on the Malaysian exchange, after rising 6%...
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Soybean quotes fall on forecasts of an increase in planted areas in Brazil
24.10.2023
November soybean futures on the Chicago Stock Exchange fell 1.2% to $472.8/t yesterday (0% for the week, -1% for the month) amid dry weather and a delayed rainy season in central Brazil, which farmers may reduce acreage under corn in favor of soybeans. According to the AgRural agency, as of October 19 in Brazil, 30% of the planned area was sown with soybeans (34% last year), and 30% with first-harvest corn. Planting is slowest in the central regions, which suffer from heat and...
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World wheat prices remain at an annual low, but in Ukraine they are increasing thanks to the intensification of sea exports
24.10.2023
Wheat futures on world exchanges remain flat at the lowest level for the last two years against the background of significant supply and weak demand from importers. In Ukraine, wheat prices rose slightly due to increased exports through Black Sea ports. A second consecutive crop year increased the supply of wheat on the world market, although the global balance may be adjusted according to harvest data in Australia and Argentina. IGC experts increased the forecast of world wheat...