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Under the pressure of lower soybean oil prices on the Chicago Stock Exchange and demand from buyers, its spot prices in South America fell below $800/t for the first time since September 2020, S&P Global Platts reports.   Thus, as of February 2, the price of Argentine oil for delivery in March was $792.12/t FOB Up River, which is 6.7% lower than at the beginning of the year.   In Brazil, soybean oil for March delivery fell 8.4% year-on-year to $798.94/t FOB...

According to APC-Inform, the long-term increase in prices for Ukrainian soybean pulp at the end of January was replaced by a drop in offer prices.   Lower prices for soybeans and significant volumes of raw material receipts reduced the cost of processing, which made it possible to lower selling prices for soybean meal.   In addition, livestock and compound feed enterprises, which had significant stocks of the product, reduced pulp purchases in anticipation of further price...

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 2650 80 Peas 10000 10300 230 Rye 5000 Corn 5942 ↓ 327 4951 ↑ 21 4379 148 139 201 ↑ 2 Flax 20400 ...

Under the pressure of increased offers from European producers and falling soybean prices, February rapeseed futures on the Paris MATIF during the week fell by 2.8% to €414.25/t (-2.4% for the month), but due to the strengthening of the exchange rate euro dollar prices decreased by 3.5% to $445.3/t.   March canola futures on the Winnipeg exchange fell 1.8% for the week to CAD 598/t or $443/t (-3% for the month).   In Ukraine, rapeseed prices in the ports of the Black...

Last week, purchase prices for fodder wheat in Ukraine decreased by $2-4/t to $150-155/t with delivery to the Black Sea ports, but hryvnia prices remained at the level of UAH 6,400-6,500/t against the background of limited supply from producers.   Processors reduced prices for 3-class wheat by 200-300 UAH/t to 6,300-6,500 UAH/t with delivery to the mill, while prices for high-quality food wheat with 12.5% protein remained at 7,000-7,300 UAH/t.   The decrease in world...

Soybean prices in Chicago fell to a 2-year low, unable to be supported even by a heatwave in Argentina and a downgrade in Brazil's crop outlook.   Following world quotations, soybean prices in Ukraine for delivery to Black Sea ports last week fell by $5-10/t to $420-430/t or UAH 18,200-18,400/t, after which processors lowered prices by 200-300 UAH/t up to UAH 16,500-17,300/t with delivery to the factory.   The export of soybeans from Ukraine in January decreased by 43%...

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 2650 80 Peas 10000 10300 230 Rye 5000 Corn 5948 ↓ 327 4930 4373 148 139 201 ↑ 2 Flax 20400 10127 ...

The representative of the USDA in Argentina believes that thanks to favorable weather and an increase in the area of sowing, the corn harvest in Argentina in FY 2023/24 will reach 57 million tons, which is 2 million tons higher than the official forecast of the USDA.   The forecast for the wheat harvest in 2023/24 was also raised by 0.4 to 15.4 million tons, as the yield at the final stage of harvesting exceeded expectations.   According to the BAGE Grain Exchange of...