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Poland, Hungary and Slovakia imposed a unilateral ban on the import of grain from Ukraine
18.09.2023
After the European Commission lifted the ban on grain imports from Ukraine on September 15, Poland, Hungary and Slovakia introduced unilateral, indefinite restrictions. What is more, Poland's decision "to unilaterally ban the import of agricultural products from Ukraine indefinitely" came into force at midnight on Saturday, September 16, contrary to the decision of the European Commission. The Polish government declares that "it will not listen to...
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Wheat of the new harvest in Ukraine has a very low proportion of high-protein grain
18.09.2023
According to the SGS company, which annually creates a map of the quality of grain and oil crops in Ukraine, this year a significant decrease in the average content of protein and crude gluten was recorded in wheat. Thus, in 80% of 424 wheat samples selected from farms in 21 regions of Ukraine, the average protein content was 10.96%, and raw gluten – 18.5%, while last year these indicators reached 11.8% and 21.6 % respectively. This protein content became the worst since...
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India increased sunflower oil imports by almost 12% in August
18.09.2023
Falling prices and a possible crop failure in the country are increasing India's demand for vegetable oils. In August, it increased their import to 1.87 million tons, which is 33% higher than in August 2022, the Manufacturers Association of India (SEA) reports. A sharp drop in the prices of vegetable oils against the background of increased demand, caused by a possible disruption of supplies due to the closure of the grain agreement and forecasts of a reduction in the own...
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Purchase prices for grains in Ukraine on September 15, 2023
15.09.2023
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 2250 Mustard seeds 600 Peas 8600 ↑ 100 7000 195 Rye grade III 4500 Corn 5000 4680 172 154 ↓ 4 213 ↑ 1...
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Ukraine plans to open ports for all cargo with the help of global insurance
15.09.2023
After attacks by Ukrainian drones on Russian ships, the Russian fleet no longer feels safe in the Black Sea. At the same time, Ukraine is preparing a global insurance mechanism that will help unblock ports for all types of cargo. Ukraine's first step towards unblocking shipping in the Black Sea was drone strikes on naval bases in Crimea. In addition, attacks by a Russian tanker and warship at the Novorossiysk base posed a threat to Russian commercial...
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In two weeks, the price of oil rose by 12%, which supported the prices of vegetable oils
15.09.2023
Oil continues to rise, with prices rising to a 10-month high this week on data showing a decline in global crude oil production and inventories and on hopes for growth in China's economy and energy demand after the country's central bank cut reserve requirements for banks. Prices were supported by OPEC's forecast of a possible oil deficit in the 4th quarter at the level of 3.3 million barrels/day, which will be the largest in the last 10 years. At the same time, the...
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Favorable weather for harvesting and sowing winter crops puts pressure on prices
15.09.2023
In the main exporting countries of the northern hemisphere, the weather was favorable for harvesting and sowing winter crops. The U.S. Corn Belt received favorable planting rains, and next week's dry and warm weather will help speed up the harvest of soybeans and corn, which has already been threshed in 5% of the acreage. The Central and Southern Plains will see moderate to heavy rain during the week, which will slow soybean and corn ripening, but moisten the soil before winter...
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Purchase prices for grains in Ukraine on September 14, 2023
14.09.2023
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 2250 Mustard seeds 600 Peas 8600 ↑ 100 7000 195 Rye grade III 4500 Corn 5000 4680 172 154 ↓ 4 214 ...