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World prices for wheat rose by 3.9-5.7%, and in Ukraine reached the highest level since the beginning of the full-scale invasion
21.05.2024
After a speculative increase in price during the month by 15-20%, wheat quotations fell by 4-5.5% last week, but yesterday speculative funds again began to actively buy futures, thanks to which prices rose by 3.9-5.7%. Traders are watching the weather conditions, especially in the Russian Federation, where in April frosts damaged the drought-weakened frosts, and there will be no precipitation in the next 10 days, and so far they are ignoring the positive news about the wheat harvest in France...
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Exports of soybean meal from the USA will reach a record level in 2024/25 MR
20.05.2024
According to US MSG estimates, exports of soybean meal from the country in 2024/25 FY will break the record for the third consecutive season and reach 15.7 million tons (+9.5% compared to 2023/24 FY), despite the resumption of supplies from the world's largest meal exporter Argentina after a poor harvest last year saw meal exports fall to an 18-year low. The increase in soybean processing also contributes to the increase in exports. In Argentina, 50% of the soybean crop has...
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Palm oil prices remain low due to reduced exports, limiting gains in soybean and sunflower oil prices
20.05.2024
Palm oil futures in Malaysia have been trading at a low level for the week, and may fall further on the back of reduced exports. This increases the pressure on soybean and sunflower oil quotes. For May 1-15, compared to the same period in April, Malaysia reduced the export of palm oil products by 5.2% to 600.8 thousand tons, according to surveyor Intertek Testing Services, and according to the estimates of Societe Generale de Surveillance (SGS) - to 427 thousand...
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Purchase prices for grains in Ukraine on May 20, 2024
20.05.2024
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 9190 Rye grade IV 4400 Sugar beet pulp gran 155 Corn 7527 ↓ 43 6369 6100 5855 167...
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The volume of grain exports from Ukraine in the current season has already exceeded last year's figure
20.05.2024
According to operational data of the State Customs Service, in 2023/24 MR (as of May 17) Ukraine exported 44.214 million tons of grain and leguminous crops, in particular in May - 2.856 million tons, while last year on this date 43.952 million tons of these products were exported. in particular, in May - 2.066 million tons. This was reported by the press service of the Ministry of Agrarian Policy of Ukraine. So, in 2023/24 MR, the following was exported: wheat - 16.613...
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Purchase prices for grains in Ukraine on May 17, 2024
17.05.2024
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 ↓ 500 Rye grade IV 4400 Sugar beet pulp gran 155 Corn 7427 ↓ 3 6369 6100 5822...
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The Ministry of Agrarian Policy of Ukraine plans to resume the practice of signing memorandums on grain export
17.05.2024
In the new season, which will begin already in July, Ukrainian producers and processors of wheat may have to return to the practice of signing a memorandum, which will determine the maximum volumes allowed for export, which will ensure the safety of the domestic market, - said the Acting Director. Minister of Agrarian Policy of Ukraine T. Vysotskyi. He believes that in the new season the Ministry of Agrarian Policy should resume the practice of signing a Memorandum with market...
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Forecasts of a good wheat harvest in the USA and in the EU continue to lower stock market quotations
17.05.2024
After a speculative increase during the month by 15-20% against the background of frosts in the Russian Federation, this week wheat quotes fell by 2.5-4.2% thanks to improved crop forecasts in the EU and the US after heavy rains, as well as profit-taking by traders. The authorities of the Russian Federation reported that it is necessary to replant not 500, but 830 thousand hectares of spring crops, which is 1% of their total area in the country. Against the background of...
