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Purchase prices for grains in Ukraine on January 24, 2024
24.01.2024
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...
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The European Commission plans to continue the liberal trade regime of agricultural products with Ukraine
24.01.2024
Yesterday in Brussels, at a press conference after the meeting of the EU Council of Ministers on Agriculture and Fisheries, Belgian Deputy Prime Minister David Clarinval announced that soon the European Commission will submit proposals for extending the regime of liberalization of trade in agricultural products with Ukraine. "The European Commission will soon submit a proposal for the continuation of trade liberalization measures with Ukraine, as the EU countries show...
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Rainfall in Australia and India is improving wheat crop prospects, adding to price pressure
24.01.2024
Global wheat prices remain low under pressure from weak demand and increased supply from exporters, while improving weather conditions in Australia and India add pressure on quotations. Frosts in the US did not affect prices because they were short-lived and crops were covered by a significant layer of snow. March futures for wheat yesterday had the following dynamics: remained at $219.2/t - for soft winter SRW wheat in Chicago (0% for the week), increased by...
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The tense situation in the Red Sea will force India to increase oil supplies from South America
24.01.2024
India, the world's main importer of sunflower oil, gets most of it from the Black Sea region via the Red Sea. But because of Hussite attacks, shipowners are diverting ships from Europe to Asia, bypassing Africa, which increases shipping time and cost. Argentinian sunflower oil prices are now lower than Black Sea sunflower oil, so India may switch to buying oil from South America. Sunflower oil prices in India surpassed soybean oil prices for the first time in a...
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Purchase prices for grains in Ukraine on January 23, 2024
23.01.2024
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 2575 ↑ 75 Peas 9750 Rye 5000 Corn 6350 ↑ 45 4748 4575 152 145 ↓ 3 207 ↑ 2 Flax 15000 ...
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Low yields in Brazil and heat forecasts in Argentina support soybean quotes
23.01.2024
Brazil has begun harvesting soybeans, but preliminary data on yields in the central states confirm pessimistic production forecasts. This supported the quotes, which fell to a 2-year low last week. According to the AgRural agency, as of January 18, soybeans in Brazil were harvested on 6% of the area (4.2% last year) due to dry weather in the central regions. In Mato Grosso, the state most affected by the drought, yields are, as expected, very low. At the same time, analysts were...
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Oil prices rose by 2% against the background of frost in the USA and the attack on a port in the Russian Federation
23.01.2024
The attack by Ukrainian drones on the Russian export oil terminal in the Baltic Sea led to a speculative increase in world oil prices by 2%. Quotations were also supported by frost in the USA, due to which parts of the platforms stopped oil production. On the night of January 21, Ukrainian UAVs attacked the oil terminal of the Sea Trade Port in the village of Ust-Luga, Leningrad region, after which the Novatek plant, which supplies oil to world markets and the Russian army, was...
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Europe has overcome the energy crisis and gas prices have started to fall
23.01.2024
The sharp rise in gas and electricity prices has led to an energy crisis in Europe. But significant gas reserves, warm winters and the use of renewable energy sources helped overcome the crisis. In January, average gas prices on European exchanges did not exceed 30 euros per megawatt hour, while in 2022 peak prices were 10 times higher. However, in 2023, during the period of low prices, European countries were able to accumulate record gas reserves in underground...
