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An increase in palm oil stocks in Malaysia is putting pressure on soybean oil prices
12.10.2023
The seasonal increase in the supply of cheap sunflower oil from Ukraine and the Russian Federation puts pressure on soybean and palm oil quotations. The depreciation of the ruble allows traders from the Russian Federation to significantly lower oil prices. The report of the Ministry of Internal Affairs and Communications Association dated October 10 confirmed analysts' forecasts of an increase in palm oil reserves in Malaysia for the fifth month in a row. In September, they...
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Purchase prices for grains in Ukraine on October 12, 2023
12.10.2023
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 1400 Mustard seeds 671 Peas 7400 265 ↑ 14 Corn 4375 3913 135 209 ↑ 8 Flax 430 Soybeen cake 12000 400 348 ↓ 5461...
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Falling wheat prices did not stop the downgrading of the forecast for Kazakhstan and Egypt's purchases
11.10.2023
The correction in wheat prices after a sharp previous decline has ended, and they fell again yesterday by 1.2-2.6% in anticipation of the USDA's October report. Quotations were not supported even by the new purchase of wheat by Egypt and the lowering of the harvest forecast for Kazakhstan. Yesterday it became known that on October 10, GASC purchased 500,000 tons of wheat for delivery in November-December at a price of $265/ton FOB in private negotiations. In January - September...
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Rainfall in Brazil boosts soybean and corn planting as farmers increase soybean acreage
11.10.2023
Brazilian farmers are stepping up planting of soybeans and corn in anticipation of the rainy season, but delayed rains in central regions could lead farmers to increase soybean acreage instead of corn, especially amid better prices. In central Brazil, there are occasional downpours, but not as heavy as in the south, where excessive rains have led to floods that could damage the quality and yield of winter wheat. According to the AgRural agency, as of October 5, 10.1%...
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Rapeseed prices are falling under pressure from increased supply of the new crop
11.10.2023
The decline in soybean prices on the Chicago Stock Exchange added pressure on canola and canola prices, which have been falling over the past month. In Canada, favorable weather allows canola to be harvested without losses, which may improve the production forecast. And the dry conditions in Australia have not yet affected the quotation. November rapeseed futures on the Paris MATIF have fallen 12.8% since early September, including last week - down 6.6% to...
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Purchase prices for grains in Ukraine on October 11, 2023
11.10.2023
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 1400 Mustard seeds 671 Peas 7400 265 ↑ 14 Corn 4375 3835 ↓ 58 135 207 ↑ 7 Flax 430 Soybeen cake 12000 7174 ↑ 1365...
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LINER BAG UKRAINE company is a leading manufacturer of packaging for cargo transportation and storage
10.10.2023
The company has been working on the packaging market for more than 10 years and during this period managed to satisfy the needs of more than 2,000 enterprises and organizations of Ukraine in the agricultural sector, as well as in the mining and logistics sectors. We always have a large assortment of products in stock that will satisfy the most demanding customer. We offer: • liners in railway wagons and semi-wagons of open type; • liners in sea containers 20f,...
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Hamas attack on Israel sends oil prices higher, but market hopes for quick resolution of conflict
10.10.2023
Oil prices rose sharply after the attack by Hamas militants on Israel, but they fell in late trading on Monday after the Israeli army liberated the occupied territories. Israel is carrying out heavy shelling of the Gaza Strip, and has already warned Iran and Syria of a similar response if they start a war in the north of the country. However, the conflict could widen and disrupt crude oil supplies from the Middle East, as more and more information is emerging that it was Iran's...