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Rainfall in central Brazil is still below normal, but there have been scattered rains over the past two weeks that have helped complete planting and develop soybean and corn crops.   Excess rains continue in the southern states, but their intensity will decrease by the end of the week, which will allow planting to be completed.   According to the AgRural agency, as of November 30, 85% of the planned area was sown with soybeans in Brazil, compared to 91% last year. Heavy...

A sharp drop in oil prices and improving weather conditions in South America added pressure on vegetable oil prices, which fell during the week.   February Brent oil futures on the London ICE Futures exchange fell 10.3% since December 1 to the lowest level since July at $77.2/barrel (-5.5% for the week, 9.6% for the month) on against the backdrop of a decline in global demand.   January WTI oil futures on electronic trading of the New York Stock Exchange NYMEX fell by...

The first tender was held on September 27, 2023, and in it Egypt purchased 170 thousand tons of wheat of Romanian and Bulgarian origin.   The second tender was held on December 5, 2023, and in it Egypt purchased 170 thousand tons of wheat from Russia and Ukraine. The average price per ton in the second tender was $275.17 C&F, which is $2.45 lower than in the previous tender.   At the second tender, wheat was purchased in three lots: Two consignments of Russian...

According to a November report from Statistics Canada (StatCan), Canadian farmers harvested better-than-expected wheat and canola crops thanks to late summer rains that helped crops recover from drought.   Thus, the total wheat harvest amounted to 32 million tons, which is the second lowest indicator in the last 6 years, but exceeds the September forecast of 29.8 million tons, and also exceeds last year's indicator by 6.9%. A 12.1% decrease in productivity due to dry weather in...

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 800 Peas 8000 215 Corn 5764 ↑ 7 4682 ↑ 2 3970 ↓ 28 153 135 181 ↑ 5 rapeseed cake 250 Soybeen cake ...

Starting from August 8, 200 ships entered the ports of Great Odesa through the corridor provided by the Armed Forces Navy, and 226 ships left, exporting more than 7 million tons of cargo, including 5 million tons of agricultural products. Currently, 31 vessels are being loaded in the ports of Odesa, Pivdenny and Chornomorsk, and another 30 vessels are moving along the corridor for entry and exit.   President V. Zelenskyy announced that he "has agreements with several countries...

As of December 1, Bulgaria canceled the ban on the import of wheat, corn, rapeseed and sunflower seeds from Ukraine, the press service of the country's Ministry of Agriculture reports.   "The Ministry of Agriculture of Bulgaria, in accordance with the terms of the Memorandum concluded by the government and the Initiative Committee of the farmers who went to the protests, kept its promise until November 30 to limit the import of imported agricultural products as much as...

Pig and pork prices in China continue to decline under the pressure of weak demand and a fairly large supply, Agrisensus reports.   Thus, during the last week, the average price of pigs fell by 1.3% (-46% for the year) to 23.72 yuan/t or $3.35/kg, and for pork - by 0.5% (-35, 5% per year) to 24.81 yuan/t.   In the week before last, hog and pork prices rose 1.2% and 0.2%, respectively, giving livestock producers hope that prices have started to recover. But a new drop in...