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Shortage of ships, expensive freight and low grain prices restrain exports through Danube ports
18.08.2023
The high cost of freight, low prices for grain and oilseeds and a shortage of fleets are restraining trade in the main river ports of the Danube and slowing down deliveries on the main export route for Ukraine now, Agricensus reports. Even before the completion of the grain agreement, trade through the Danube was gaining momentum, as it was considered much safer. But after the Russian shelling of the Danube ports, part of the shipowners left the region, and those who remained...
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Purchase prices for grains in Ukraine on August 18, 2023
18.08.2023
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 3150 Mustard seeds 55000 Peas 8500 10000 7000 100 196 145 Buckwheat 14000 1111 Corn 5500 ↓ 433 5500 4867 170 ...
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Will Ukraine be able to export grain through the new "humanitarian corridor"?
17.08.2023
On August 16, 2023, the first civilian ship - the container ship "JOSEPH SCHULTE" under the flag of Hong Kong with 30,000 tons of cargo (2114 containers), including food, left the port of Odesa on August 16, 2023 through the new temporary "humanitarian corridor". This vessel remained in the port of Odesa from February 23, 2022. The Minister of Development of Communities, Territories and Infrastructure of Ukraine O. Kubrakov said that the corridor will primarily...
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Egypt bought sunflower oil 9% cheaper than in the previous tender
17.08.2023
Over the past month, demand and prices for vegetable oils have been rising against the backdrop of a ban on exports from Ukraine and forecasts of reduced harvests of canola in the EU and soybeans in the US due to drought. Therefore, traders closely followed the tender in Egypt, which was supposed to determine the current price trends. Egypt's GASC this week announced local and international tenders for the purchase of vegetable oils with delivery September 20 - October 5 and...
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Ammophos: the benefits and importance of mineral fertilizers for agriculture
17.08.2023
Ammophos is a complex mineral fertilizer, the main components of which are ammonium and phosphorus. Ammophos is highly effective as a phosphate fertilizer for plants. This dual soil fertilizer works well with other types of fertilizers and is suitable for all crops. This mineral fertilizer has biological acidity, so it is applied to acidify and fertilize soils with a low content of phosphorus and a high concentration of potassium. Concentrated soluble fertilizer Ammophos well...
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Purchase prices for grains in Ukraine on August 17, 2023
17.08.2023
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 3150 Mustard seeds 55000 Peas 8500 10000 7000 100 196 145 Buckwheat 14000 1111 Corn 5933 5500 4718 ↑ 6 170 223...
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Despite the decline in forecasts for global barley production, prices remain quite low
16.08.2023
Demand prices for barley have recently started to rise amid curbs on sales by producers who initially sell canola to replenish working capital, delaying sales of wheat and barley until the volume of the new crop becomes clear. We will remind that in the August report USDA experts reduced the forecast of world barley production in 2023/24 MR by 3.2 million tons to 142.6 million tons (152 million tons in 2022/23 MR), in particular for EU countries - by 2 to 48 .4 million tons, the...
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Oil falls amid falling demand in China, but India supports vegetable oil market with active imports
16.08.2023
Since Monday, oil prices have fallen by 2.2-2.5% amid pessimistic data on the Chinese economy and a gradual decline in demand. China cut its crude oil imports in July by 19% from June to a six-month low of 10.33 million barrels per day, while the country's oil inventories rose to a record 1.02 billion barrels on July 27. Industrial production in China rose 3.7% in July, compared to expectations of 4.3%, and retail sales rose 2.5% (against expectations of 4%), the slowest growth...