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The European Commission has increased the forecast of corn production in the EU in 2023/24 from 59.9 to 61.4 million tons compared to the estimates of the previous month, which will exceed the harvest of the previous dry season by 15.6%, but will be 10.8% lower than the average of 5- annual indicator. At the same time, the forecast for corn imports to the EU in 2023/24 was reduced from 20 to 19 million tons.   The forecast for the production of soft wheat in 2023/24 MR was also...

According to the BAGE exchange, the rains in Argentina had a favorable effect on crops, the number of which in good or excellent condition increased by 26% to 69%. But in the state of Santa Fe, the intensity of precipitation can negatively affect the process of pollination and grain formation.   During the week, another 10% of wheat crops were threshed in the country, which in general was harvested on 65% of the area compared to 78% last year. But prolonged rains can reduce the...

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 1400 Peas 8333 Rye 4500 Corn 6000 4936 ↑ 3 4467 155 147 189 ↑ 4 Flax 14400 16000 540 ...

According to Spike Brokers, there is an active demand for wheat in Ukrainian ports. The price of feed wheat is currently about the same price as corn, and even slightly above it. Analysts also noted that demand for food wheat, which has higher quality and protein than feed wheat, is starting to pick up. The premium for food wheat compared to feed wheat can be up to $20 per ton. Here are some recent indications of wheat prices:   DAP Ukraine (Odesa) with a protein content of...

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 1400 Peas 8333 Rye 4500 Corn 6000 4923 ↑ 2 4467 155 ↓ 1 147 ↑ 1 193 ↑ 1 Flax 14400 16000 ...

Much of the Midwest and U.S. Plains experienced above-normal temperatures and heavy precipitation this week, which will continue into next week. In some regions, snow will pass and temperatures will drop, which will have a favorable effect on winter wheat crops.   Rainfall has increased in central Brazil , while it has decreased in the south, helping soybean crops grow. Forecasts for the soybean harvest in the central state of Mato Grosso have been sharply reduced, but the total...

At the meeting of the Ministers of Agriculture of Ukraine and Bulgaria, Mykola Solskyi and Kyril Vatev, which took place in mid-December, the issue of exporting Ukrainian agricultural products to Bulgaria was discussed, in particular, the mechanism of supplying sunflowers under licenses.   Bulgaria has now begun to agree on licenses for the export of sunflower from Ukraine, and a certain part of domestic producers have already contracted supplies for January-February at a price of...

After the transition of the NBU from October 3 to the regime of managed flexibility of the currency exchange rate, analysts predicted a devaluation of the hryvnia from 36.6 to 37.5 UAH/$ and an approximation of the interbank dollar rate to the cash rate, as declared by the National Bank.   However, against the background of active currency sales by the National Bank, the interbank exchange rate was lower than the fixed rate for 2 months, and only this week it sharply increased from...