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Forecasts of heavy rains in Argentina and central Brazil in the next 7 days reduce quotes for soybeans and products of its processing.   Starting from the weekend, heavy rains will pass in the central part of Brazil , which will improve the condition of first-harvest corn crops and the conditions for setting soybeans.   Southern regions will also experience heavy rain, but will not damage soybean and corn crops as the previous few dry weeks have reduced excess soil...

The state-owned Egyptian operator GASC planned to purchase wheat on December 28 at an international tender for delivery on March 1-10, 2024, but did not receive a price discount and canceled the auction.   The number of tender applications has decreased compared to previous auctions: Russian wheat - from 13 to 10, and prices increased from $260 to $265/t FOB with payment of 180 days and $270/t FOB with payment of 270 days, French wheat - from 3 to 2, and prices increased from...

"Ukrainian agricultural industry ends the year with a high yield and significant losses at the same time," said Oleg Khomenko, general director of the Ukrainian Agrarian Business Club (UKAB).   According to the most optimistic forecasts of UKAB, the losses of farmers will reach $3 billion, since the cultivation of all crops, except soybeans, turned out to be unprofitable.   As a result of the shortage of storage capacity, part of the corn (up to 15% according to...

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 2500 Peas 8750 305 Rye 4500 Sugar beet pulp gran 4000 Corn 5979 ↓ 28 4966 ↓ 5 4488 155 ↓ 1...

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 2500 ↑ 1100 Peas 8750 305 Rye 4500 Corn 6007 4971 4488 ↑ 17 155 ↓ 1 140 201 ↑ 16 Soybeen cake ...

On December 27, the state-owned Egyptian operator GASC held a tender for the purchase of 30,000 tons of soybean and 10,000 tons of sunflower oil with delivery on February 14-29 and/or March 1-15 with payment on presentation or a 270-day letter of credit.   The number of bids for the supply of sunflower oil increased compared to the November 2 auction from 8 to 12, and the price decreased from $963-1000 to $950-990/t C&F with immediate payment and $1040-1300/t C&F with...

Freight rates for rail transportation have stabilized, and on the most efficient routes have even decreased somewhat due to an increase in the number of wagons used by carriers, Spike Brokers reports.   Currently, the cost of rail transportation is: Kharkiv region — Danube ports — $50-60/t; Lviv region — border with Poland — $25-32/t; Lviv region — border with Hungary — $26-34/t; Lviv region — Odesa — $39-44/t; Rivne...

According to the agency Conab, as of December 24, 45.3 million hectares or 96.8% of the planned area were sown with soybeans in Brazil, which is almost in line with last year's pace, although the area sown increased by 2.5%.   It will be recalled that the drought in the central-western regions caused by the El Niño phenomenon and excessive rainfall in the south of the country delayed sowing and in some places forced farmers to replant part of their crops.   In...