-
Soybean prices fell below the psychological level of $12/bushel and hit a 2-year low
30.01.2024
Active soybean harvesting in Brazil and forecasts of favorable rainfall in South America are improving the outlook for the soybean and corn harvests, putting pressure on stock prices. Soybean prices in Chicago fell to a 2-year low yesterday on forecasts of rain in the main agricultural regions of Brazil and Argentina. According to the SAFRAS&Mercado agency, as of January 26, soybeans were harvested on 9% of the area in Brazil (4% last year), and first-harvest corn...
-
Purchase prices for grains in Ukraine on January 30, 2024
30.01.2024
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 2650 ↑ 117 Peas 9500 ↓ 250 10300 230 Rye 5000 Corn 6344 ↑ 27 4960 4573 ↓ 12 149 144 ↓ 2 207 ↑ 2...
-
Palm oil quotes fell amid a 3% fall in soybean oil prices
30.01.2024
Accelerating soybean harvest in Brazil and increased soybean production forecasts in Argentina are adding pressure to soybean and oil quotes. The increase in oil prices during the week by 5% did not support quotations of vegetable oils, as against the background of increased supply, demand remains very weak. March soybean oil futures on the Chicago Stock Exchange yesterday fell by 3% to $1,003/t (-6% for the month, -32% for the year). March palm oil...
-
Entrepreneurs will be excluded from the list of verified enterprises for 6 months due to violation of the rules for exporting agricultural products to the EU
30.01.2024
In the event that the government of Ukraine receives information from Bulgaria, Romania, Slovakia, Hungary or Poland that Ukrainian agricultural products registered for transit through the territory of these countries have remained in one of them, the exporting enterprise may be excluded from the list of verified agribusiness entities, - said Minister of Agricultural Policy of Ukraine M. Solskyi during an online meeting with his Bulgarian colleague Kyryl Vatev. The relevant...
-
Purchase prices for grains in Ukraine on January 29, 2024
29.01.2024
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...
-
Argentina received permission to export wheat to China for the first time
29.01.2024
Argentina's Ministry of Agriculture, Livestock and Fisheries on Friday announced the completion of the first phase of creating conditions for future wheat exports to China. "The General Administration of Customs of the People's Republic of China (GACC) has included Argentine wheat exporting companies in the online system of quarantine registration of enterprises authorized to import plants, animals and products made from them to China," the ministry's press...
-
A decrease in the supply of corn in Ukraine led to an increase in demand prices
29.01.2024
During the week, corn prices for delivery to Black Sea ports were $148-153/t, but hryvnia prices rose by UAH 50-100/t to UAH 6,100-6,250/t against the backdrop of the dollar's rise. Producers continue to hold back sales and finish harvesting. According to the Ministry of Agriculture, as of January 25, 58.724 million tons of grain and leguminous crops were harvested in Ukraine from 97% of the area or 10.576 million hectares with a yield of 5.55 tons/ha. At the same time, 28.48...
-
World barley prices remain under pressure from a significant feed grain supply
29.01.2024
Despite the decrease in the world harvest of barley, prices for it remain low due to weak demand and a record world harvest of corn and other grains. According to the IGC, in 2023/24 the global grain harvest will reach a record 2.3 billion tons, which will exceed the previous season by 2%, primarily due to the recovery of corn production. In the January report, USDA experts reduced the forecast of world barley production in 2023/24 MY by 0.7 million tons to almost the...
