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GASC purchased 170,000 tons of wheat from the countries of the European Union at the tender held on September 27. Two batches of Romanian wheat, 60,000 tons each, were purchased from Viterra and Cargill. The price was $271.8 per ton of C&F, which is $0.2 lower than the price GASC paid for Romanian wheat in the previous tender on September 20.   One batch of Bulgarian wheat with a volume of 50 thousand tons was purchased from Buildcom at a price of $273.9 per ton C&F. 60,000...

China increased its oilseed imports by more than 15 million tonnes from the previous season, with soybeans accounting for most of those imports. The import of vegetable oils also increased, with palm oil leading the way.   Analytical agency OilWord compared the indicators of import of oil crops and their processing in China for the current and last marketing year. According to the agency, the import of oil crops showed record results - 110.2 million tons compared to 95.2 million tons...

Oil prices rose another 3.3% from the start of the week and hit a 13-month high on data about declining US inventories.   December Brent crude futures on the ICE Futures exchange rose 3.3% to $95 a barrel (+2.9% for the week, +13.8% for the month) since Monday, supporting vegetable oil prices. Oil prices continued to rise after the EIA's weekly report on Wednesday showed that U.S. crude inventories fell to a nine-month low and crude inventories at the main Cushing storage...

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 1642 Mustard seeds 600 Peas 229 265 ↑ 14 Corn 4400 4670 147 217 ↑ 8 Soybeen cake 13000 375 Sunflower...

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 1642 Mustard seeds 600 Peas 229 ↑ 17 265 ↑ 14 Corn 4400 4670 ↓ 17 147 ↓ 11 217 ↑ 6 Soybeen cake 13000 375 ↑ 5 Sunflower oil...

Dry weather with higher than normal temperatures, which prevails in Ukraine, allows to speed up the harvesting of late crops and sowing of winter crops, but reduces the reserves of soil moisture, which worsens the conditions for sowing.   According to the Ministry of Agriculture, as of September 26, 2.179 million hectares were sown with winter crops, including 1.038 million hectares with rapeseed, 1.024 million hectares with wheat, 74 thousand hectares with barley, and 42 thousand...

In accordance with the decision of the European Commission, Ukraine is introducing a procedure for verifying the export of 4 agricultural crops (wheat, rapeseed, corn and sunflower) to 5 neighboring EU countries and will not export products without their consent, - said the Minister of Agricultural Policy of Ukraine M. Solskyi at a meeting with the Ministers of Agriculture of Poland , the Czech Republic, Hungary and Slovakia.   It is assumed that Ukraine will issue licenses within 30...

Overview of the grain and oilseed market in the EU as of 09/19/23