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Traders increase plans for shipments through Black Sea ports, despite constant Russian attacks
10.10.2023
On the night of October 10, the Russian Federation attacked southern Ukraine with 36 "Shahed" attack drones launched from Cape Chauda (temporarily occupied Crimea). Defense forces of Ukraine managed to destroy 27 UAVs within Odesa, Mykolaiv and Kherson regions, in particular, in Odesa alone, air defense forces shot down 23 Shaheds. Unfortunately, the logistical infrastructure of the region was hit, but the most important thing is that people were not injured. The...
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The weather favors harvesting in Ukraine, and the increase in the supply of oilseeds has not yet led to a decrease in prices
10.10.2023
As of October 5, 7.3 million tons of sunflower were collected from 3.171 million hectares or 58% of the area in Ukraine with a yield of 2.3 tons/ha, and from 1.22 million hectares or 67% of the area - 3.11 million tons of soybeans with a yield of 2 .56 t/ha. Harvest rates are significantly higher than last year, when only 28% of sunflower crops and 14% of soybean crops were threshed due to prolonged rains. Despite the increase in offers, purchase prices for sunflowers remain at the...
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Purchase prices for grains in Ukraine on October 10, 2023
10.10.2023
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 1500 Mustard seeds 671 Peas 7400 265 ↑ 14 Corn 4375 4196 135 207 ↑ 8 Flax 430 Soybeen cake 12000 7174 ↑ 1365 Sunflower...
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Freight rates from the Black Sea ports are decreasing, and those from the Danube ports are increasing
09.10.2023
Constant attacks by the Russians on the Danube ports and the lowering of the water level at the mouth of the Danube due to dry weather have led to an increase in the cost of logistics to and from the Danube ports. During Friday's drone attack, a granary was damaged and 9 trucks were burned in Izmail district. Due to constant attacks and damage to cars in ports or parking lots, drivers refuse to go to the Danube ports, so the cost of grain delivery there from central Ukraine has...
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Wheat quotes fell slightly on Friday, but overall rose 1.5-4.6% for the week
09.10.2023
Last week, wheat quotes on the US exchanges actively recovered from the previous drop, supported by data on China's new purchase of US wheat. However, the increase in FAO's global production forecast turned prices downward. According to the USDA, China purchased 220,000 tons of red soft winter wheat from the United States, the first major purchase of American wheat since November 2022, when 100,000 tons of wheat were purchased. FAO experts increased the...
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Purchase prices for corn in Ukraine are falling, despite increased purchases in ports
09.10.2023
Purchase prices for corn in Ukraine are falling on all bases against the background of harvesting the new crop. As of October 6, 2.585 million tons of corn were threshed from 414 thousand hectares or 10% of the area with a yield of 6.25 tons/ha. As a result of the September heat and lack of precipitation this year, corn has a fairly low moisture content and does not need drying, which will reduce farmers' expenses. The pace of corn exports is inferior to last year....
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Purchase prices for grains in Ukraine on October 9, 2023
09.10.2023
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 1500 Mustard seeds 651 Peas 7400 265 ↑ 14 Corn 4375 ↑ 275 4246 ↑ 75 209 ↑ 5 Flax 430 Soybeen cake 12000 7174 ↑ 1365...
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Acceleration of harvesting and falling oil prices are putting pressure on vegetable oil quotes
06.10.2023
The drop in oil prices this week by 5-5.9% immediately led to a drop in stock market quotations for palm and soybean oil. December soybean oil futures on the Chicago Stock Exchange fell 3.8% to $1,218/t from Monday (-13% for the month, -5.4% for the year) against the background of a good pace of soybean harvesting, an increase in new crop offers and improved crop forecasts due to favorable weather in September. According to forecasts, in 2023 the soybean harvest in the USA will...