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Ukraine is working on restoring exports without the participation of the Russian Federation
08.09.2023
Ukraine offered Turkey to resume the work of the "grain corridor" without the participation of the Russian Federation, - said the Ambassador of Ukraine to Turkey V. Bodnar. "There is still no final answer, but since the ships already pass through the territorial waters of Romania, Bulgaria and Turkey without restrictions, this path is quite real," the ambassador said. He reminded that during the validity of the agreement, the Russian Federation...
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European processors and politicians propose to cancel the ban on the import of grain from Ukraine
08.09.2023
In the EU, 22 countries do not support the proposal of Poland, Hungary, Romania, Slovakia and Bulgaria to extend the ban on the import of grain from Ukraine after September 15, Politico reports citing anonymous sources in diplomatic circles. One of the EU diplomats said that at a meeting with the European Commission, EU ambassadors from 22 countries spoke against the extension of restrictions or were skeptical about it, although they acknowledged the difficulties faced by 5...
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Favorable weather in the main exporting countries will lead to lower prices
08.09.2023
In the coming week, mild weather without significant precipitation in the main exporting countries will accelerate the sowing of winter crops, the ripening of late crops and the harvesting of soybeans and corn. Rains lowered temperatures in the US Corn Belt, but a weeklong heat wave reduced soybean and corn crops by 5% and reduced yield potential. Light rainfall will not improve crop conditions, but moderate temperatures will encourage ripening and an earlier-than-usual start of...
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Purchase prices for grains in Ukraine on September 7, 2023
07.09.2023
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 2000 Mustard seeds 600 Peas 8500 7000 100 195 ↓ 1 Rye grade III 4500 Corn 5000 4811 172 154 ↓ 4 223 ↑ 3...
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UZA experts increased the forecast for the harvest of grain and oil crops in Ukraine to 80.5 million tons
07.09.2023
Experts of the Ukrainian Grain Association (UZA) increased the forecast for the harvest of grain and oilseed crops in Ukraine in 2023 by 3.7 million tons to 80.5 million tons, while they estimated the 2022 harvest at 73.8 million tons. Despite the reduction in the area sown on 2 million hectares, favorable weather made it possible to improve productivity and obtain a good harvest. At the same time, grain exports in the 2023/24 MR may amount to 49 million tons compared to 58 million...
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Russia continues to attack Danube ports to stop grain exports and raise world prices
07.09.2023
On the night of September 7, the Russian Federation again attacked the ports of Odesa with attack drones, Oleg Kiper, the head of Odesa OVA, said. Already the fourth attack in the last five days lasted for three hours. As a result of the attack, civil and port infrastructure facilities, an elevator, and an administrative building were damaged in several settlements. If on the night of September 6, the Russians launched 8 missiles in the direction of Kyiv, which were...
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Analysts raised forecasts for soybean and corn harvests in Brazil
07.09.2023
As a result of the adjustment of soybean sowing areas, StoneX experts increased the forecast of soybean harvest in Brazil in 2023/24 MR by 156,000 tons to a record 163.63 million tons, which will exceed last year's figure by 3.8% compared to August estimates. For example, in the state of Minas Gerais, the area of soybean sowing will exceed forecasts by 40 thousand hectares and will amount to 2.24 million hectares, and in general they will reach 45.14 million hectares in the...
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Purchase prices for grains in Ukraine on September 6, 2023
06.09.2023
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 2000 Mustard seeds 600 Peas 8500 7000 100 196 Rye grade III 4500 Corn 5000 ↓ 500 4811 172 154 ↓ 4 224 ↑...