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Polish strikers continued and strengthened the blockade of the border with Ukraine
12.03.2024
Yesterday, the Ministry of Infrastructure of Ukraine reported that Polish farmers blocking the border with Ukraine, without any explanation, started to detain passenger buses going to and from Ukraine. Thus, the hostages of the protest have now become bus passengers, who are usually women with children, pensioners, people with disabilities, military personnel returning from or going to training exercises. Ukraine called on the Polish authorities to intervene in a...
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Purchase prices for grains in Ukraine on March 11, 2024
11.03.2024
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 2400 Peas 12500 10750 11600 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 ...
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USDA cuts forecast for world soybean production and stocks by less than analysts expected, but stock prices rise sharply
11.03.2024
In a March report, USDA experts cut forecasts for global soybean production, consumption and stocks, but by less than analysts had expected. However, a significant increase in the export forecast led to a rapid increase in quotations. Thus, May soybean futures on the Chicago Stock Exchange rose by 1.5% to $438.5/t (-0.8% compared to the data after the February report). Compared to the February estimates, the new soybean balance for the 2023/24 FY has undergone the...
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USDA experts lowered forecasts for world corn production and stocks
11.03.2024
In a March report, USDA experts lowered corn production forecasts for Ukraine, Mexico and South Africa and raised those for Argentina, adding pressure to quotations. The weather in Brazil favors the planting and development of second-crop corn crops, so the forecast has been left unchanged for now. According to the report, March corn futures on the Chicago exchange rose by 0.4% to $173.1/t (+1.5% compared to the data after the February report), and on the Paris exchange - by 0 .7%...
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USDA predicts increased consumption and reduced supply and stocks of wheat in FY 2023/24
11.03.2024
In a March report, USDA experts again raised their forecasts for global wheat production, consumption and exports in FY 2023/24, lowering their estimate of ending stocks. Stock market quotations reacted to this by increasing by 0.8-2.4%, although during the month they fell by 2-9%. In the current season, world wheat consumption is expected to grow by 8.15 million tons compared to the previous season to 799 million tons, which will exceed production by 12.3 million tons (they were...
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Purchase prices for grains in Ukraine on March 8, 2024
08.03.2024
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 2400 ↓ 350 Peas 12500 10750 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 Green peas ...
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On the Algerian market, Russian grain is actively displacing French grain
08.03.2024
France once again lost its former colony - Algeria, but now not in the sense of territories, but in terms of the grain market. If earlier Algeria bought mainly French wheat, now it has reoriented itself to supplies from the Russian Federation. According to the results of the first half of the 2023/24 season, the Russian Federation became the main supplier of wheat to Algeria, moving it to the second place of the EU countries. Experts believe that the reason for this is...
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Despite the decrease in the offer prices, the Egyptian GASC canceled the tender for the purchase of wheat
08.03.2024
On March 7, the Egyptian GASC held an international tender for the purchase of wheat with delivery on May 1-10, for which applications were submitted at a lower price than in previous auctions. But in the end the tender was cancelled. The purchase price at the previous tender was $30.5/t lower than at the auction on January 17, primarily due to cheap offers of Ukrainian wheat at a price of $222 (229.75 at the previous auction) $/t FOB with payment in 180 days and 229, 9 (244.75)...
