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An increase in the forecast for the rape harvest in the EU increases the pressure on prices
04.10.2023
Strategie Grains experts increased the forecast of rapeseed production in the EU in 2023/24 MY by 0.6 million tons compared to previous estimates from 18.9 to 19.5 million tons (19.4 million tons in 2022/23 MY) due to better, than expected to harvests in Romania, Germany, Spain, Italy and the Baltic states. At the same time, the forecast for sunflower production in the EU in 2023/24 was reduced by 0.2 to 10.1 million tons (9.3 million tons last year), and for soybeans to 2.9...
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In September, Ukrzaliznytsia almost tripled grain export shipments
04.10.2023
According to operational data of Ukrzaliznytsia, in September, cargo transportation in all directions of connections increased by 3% compared to September 2022 to 12.035 million tons, the company's press service reported. The company notes that the increase in total transportation was due to an increase in the volume of transportation on domestic routes by 35.5% to 7.896 million tons, while the volume of export transportation in September decreased by 31.2% to 3.578 million...
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Ukrainian exporters expect Poland to speed up grain transit
04.10.2023
Queues for veterinary and phytosanitary control at the border crossings of Ukraine and Poland began to grow from August 2023 and in September-October reached 12-14 days. Ukraine has created an electronic queue for trucks transporting agricultural goods, thanks to which drivers do not stand in a field near the border, but at home or in specialized parking lots. For two months, negotiations have been ongoing with Poland and the European Commission on the transfer of control from the border to the...
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Purchase prices for grains in Ukraine on October 4, 2023
04.10.2023
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 CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 1500 Peas 7300 265 ↑ 14 Corn 4234 4283 ↓ 41 213 ↑ 7 Flax 13900 430 Soybeen cake 12000 348 ↓ 5...
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The increase in offers lowers soybean prices in Ukraine
03.10.2023
Congestion of export terminals in the Danube ports and a decrease in demand prices from the EU against the background of acceleration of harvesting and an increase in the supply of soybeans on the domestic market of Ukraine leads to a decrease in purchase prices. As of September 29, Ukraine harvested 2.2 million tons of soybeans from 0.86 million hectares with a yield of 2.56 tons/ha. Thanks to the dry weather, the pace of harvesting is 2 weeks ahead of last year, and the yield...
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Corn prices in Ukraine are falling, but they may be supported by increased demand from China
03.10.2023
Purchase prices for corn in Ukraine continue to fall amid a drop in global prices to a three-year low and an increase in freight costs due to shelling of Danube ports. Prices for corn for delivery to the Danube ports fell to $138-150/t, to the port of Constanta – to $190-195/t, to the Ukraine-Hungary border – to $130-135/t. Prices with delivery to the western borders of Ukraine decreased the most as a result of the extension of the ban on exports to neighboring EU...
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The NBU introduces a flexible exchange rate, but promises to curb currency fluctuations
03.10.2023
Against the background of the stable dynamics of inflation reduction, the accumulation of a significant amount of reserves, the growth of rates on hryvnia deposits and OVDP, the National Bank of Ukraine decided to introduce a policy of managed flexibility of the exchange rate of currencies. In contrast to the "floating" exchange rate that operated in Ukraine until February 24, 2022, in the current regime of exchange rate setting, the NBU will remain the main participant...
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Purchase prices for grains in Ukraine on October 3, 2023
03.10.2023
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 CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 1500 ↓ 67 Peas 7300 265 ↑ 14 Corn 4234 ↓ 33 4324 ↓ 22 215 ↑ 7 Flax 13900 430 Soybeen cake 353 ↓ 7...