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According to the State Customs Service, during January-September, Ukraine imported goods worth $46.6 billion, and exported $27.1 billion. Taxed imports amounted to $38.3 billion or 82% of total goods imports, and the tax burden on 1 kg of taxed imports is $0.48/kg, which is 47% higher than the corresponding figure last year.   The most goods were imported from China - $7.4 billion, Poland - $4.9 billion, and Turkey - $3.7 billion, and exported - to Poland - $3.7 billion, Romania - $3...

USDA's October corn balance sheet was little changed from September, but quotes edged higher amid lower estimates of U.S. stocks and production that surprised the market. The supply of corn in the current season is much larger than last year, so prices will not change significantly in the near future.   For the USA, the estimate of initial stocks in FY 2023/24 was reduced by 2.3 to 34.6 million tons, the harvest - by 1.8 to 382.7 million tons, and ending stocks - by 2.8 to 53.6...

Russian wheat again won the tender in Egypt after the Russian authorities allowed traders to lower the minimum offer price from $270 to $260/t FOB. GASC also purchased Romanian and Bulgarian wheat, which was offered cheaper than Russian wheat.   Egypt's GASC held a wheat procurement tender on October 12, with bid prices at around $260/t FOB, compared with $260-270/t FOB at the previous auction on September 20. The cheapest offer was Bulgarian wheat with a price of $259/t FOB,...

In the October balance sheet, as in the three previous reports, USDA experts again lowered their forecasts for wheat production, consumption and stocks. But despite this, stock market quotations grew by 1-2.8%, although they are 30-58% lower than last year's level.   Compared to the September estimates , the wheat balance for the 2023/24 MR underwent the following changes:   The estimate of initial reserves was increased by 0.42 to 267.55 million tons (272.6 million...

In an October report, USDA experts lowered their forecast for global soybean production and stocks, and raised their estimate of consumption, leading to a sharp rise in quotes after a long decline.   November soybean futures in Chicago rose 3% to $474/t yesterday, although they remain 4.7% lower than a month ago and 5.4% lower than a year ago due to buoyant soybean exports from Brazil and low export demand for soybeans in the USA.   Compared to the September estimates ,...

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 1400 Mustard seeds 671 Peas 7400 265 ↑ 14 Corn 4375 3913 135 208 ↑ 7 Flax 430 Soybeen cake 12000 400 348 Sunflower oil...

The activation of the movement of vessels through the new humanitarian corridor opened by Ukraine in the Black Sea leads to a decrease in the cost of insurance, experts of the company Spike Brokers reported on October 11 on their channel in Telegram.   According to their data, the cost of insuring ships against military risks and damage has already decreased to 2% of the cost of the ship, and the cost of insuring cargo against military risks reaches 4% of the declared value of the...

Analysts expect the USDA's October report due today to show a slightly revised U.S. soybean balance sheet, but soybean futures continue to fall under pressure from falling domestic demand and soybean oil prices, which are significantly higher than palm and sunflower oil. . Also, soybean prices in the US are being pressured by the active export of soybeans from Brazil and forecasts of an increase in the harvest in the new season.   According to customs data, in September Brazil...