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Purchase prices for grains in Ukraine on October 23, 2023
23.10.2023
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 ↓ 13 3800 ↑ 133 1888 ↑ 1753 135 193 ↑ 6 Flax 440 ↑ 5 rapeseed cake ...
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IGC experts predict a decline in global grain stocks to a 9-year low, despite increased production
23.10.2023
In the October report, IGC experts reduced the forecast of world grain production (wheat and fodder) in 2023/24 MR by 2 million tons to 2,292 million tons, which will exceed last year's figure by 27 million tons due to the increase in the sorghum and corn harvest, which compensates for the reduction in the production of wheat, barley and oats. The consumption forecast was left at a record level of 2,305 million tons, which would be 2% higher than last year, including growth for...
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57.6 million tons of grain and oil crops have already been harvested in Ukraine
23.10.2023
According to the Ministry of Agriculture, as of October 19, 39.228 million tons of grain and leguminous crops were threshed in Ukraine from 8.275 million hectares or 76% of the area with an average yield of 4.74 tons/ha, in particular: wheat - 22.359 million tons from 4.6945 million ha or 100% of the area with a yield of 4.76 t/ha, corn - 9.282 million tons from 1.3767 million hectares or 34% of the area with a yield of 6.74 tons/ha, barley - 5.863 million tons from 1.5045...
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Forecasts of increased precipitation intensity in major exporting countries this week will affect the markets
23.10.2023
Traders are closely monitoring weather conditions in the Southern Hemisphere, where precipitation remains below normal due to the El Niño phenomenon. Special attention is paid to Brazil, in the south of which there is already an excess of rains, and in the center (the main areas - producers) - a shortage. Heavy rains in southern Brazil last week led to further flooding, which will have a negative impact on the harvesting of winter wheat and the sowing of soybeans and corn....
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Purchase prices for grains in Ukraine on October 20, 2023
20.10.2023
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 122 1100 Mustard seeds 629 Peas 7500 295 ↑ 21 Corn 3892 ↓ 658 4200 3740 ↓ 4 1888 ↑ 1753 135 194 ↑ 8 Flax 435 rapeseed cake ...
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In October, Ukrzaliznytsia increased the volume of grain shipments to Ukrainian ports
20.10.2023
In October, Ukrzaliznytsia transported more than 790,000 tons of grain cargo for export, of which 349,000 tons went to ports and 441,000 tons to western border crossings. A representative of the UZ reported this at a meeting with participants of the grain market on October 19. Against the backdrop of the intensification of ship traffic through the Black Sea Corridor, the volume of wagon unloading in the ports of Greater Odessa increased to 450 wagons/day. Currently, 2,300 wagons...
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Palm oil fell to a weekly low amid profit-taking by traders
20.10.2023
January palm oil futures on Bursa Malaysia rose to a three-week high of 3,842 ringgit/t in early trade yesterday, but ended the day down 1.34% at 3,759 ringgit/t, or $789.04/t, losing yesterday's growth. Traders booked gains after prices surged from 3,521 ringgit/t on Oct 10 to a current high. However, prices are expected to continue to rise. According to the estimates of the surveying company Intertek Testing Services and the inspection company AmSpec Agri...
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China plans to harvest a record crop of grain this year
20.10.2023
The production of grain in China this year may reach a record level, the National Bureau of Statistics of the People's Republic of China reported. Significant amounts of agricultural product offers and stable development of animal husbandry laid a good foundation for the recovery of the country's economy, the head of the Bureau said on Wednesday at a press conference dedicated to the economic situation in the country for the first three quarters. The economy is...