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World corn prices are falling, but in Ukraine they continue to rise
29.11.2023
Against the background of increased shipments from all Black Sea terminals and unhindered entry of ships to ports, the purchase prices for corn in Ukraine continue to rise, but still remain the lowest on the world market. However, further price growth will limit the decline in global quotations. During the week, demand prices for corn rose by $5/t to $148-152/t or UAH 5,850-6,000/t with delivery to Black Sea ports and $156-160/t or UAH 6,100-6,200/t with delivery to ports Danube...
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Purchase prices for grains in Ukraine on November 28, 2023
28.11.2023
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 800 Peas 8250 195 Buckwheat 9000 Rye grade II 4500 Corn 5671 ↑ 58 4482 ↑ 126 3146 151 ↑ 1 135 194 ↑ 6...
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Wheat prices continue to fall amid improving US crop conditions
28.11.2023
Last week, wheat quotations on world exchanges fell by 3.1-6% after a decrease of 2-4.4% in the previous week. Prices are under pressure from improved crop conditions and snow in major US winter wheat growing regions. Yesterday, December wheat futures fell: by 2.8% to $196.3/t - for soft winter SRW wheat in Chicago (-3.1% for the week), by 2% to $216.8/t - for HRW hard winter wheat in Kansas City (-4.8%). by 1.8% to $251.5/t - for hard spring HRS-wheat in Minneapolis...
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A delay in planting and lower soybean harvest forecasts in Brazil are supporting quotes
28.11.2023
According to the AgRural agency, as of November 23, 74% of the planned area was sown with soybeans in Brazil, which is the lowest figure in the last 8 years and significantly inferior to last year's 87%. Planting is delaying excessive rainfall in the southern state of Rio Grande do Sul, while in the central state of Mato Grosso, where 98% of the area is already planted, crop forecasts have again been lowered due to a lack of moisture. The AgRural agency lowered its...
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Brazil plans to increase arable land by 60% without cutting down trees
28.11.2023
Brazilian authorities have developed a plan to increase available agricultural land by 60% without cutting down trees, the Nieuwe Oogst portal reports. The country's Ministry of Agriculture has identified 40 million hectares of land that can be prepared for cultivation and cultivation of agricultural crops - for example, soybeans or corn. The government plans to invest 110 billion euros in these works over the next 10 years. Brazilian President Luiz Inácio...
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Purchase prices for grains in Ukraine on November 27, 2023
27.11.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 900 Peas 8250 195 Buckwheat 9000 Rye grade II 4500 Corn 5656 ↑ 43 4356 3092 150 135 194...
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Soybean oil prices fall 4% amid possible reduction in demand from the biodiesel industry
27.11.2023
The Chicago Stock Exchange was closed for Thanksgiving on Friday, so no one expected a price jump, but December soybean oil futures unexpectedly fell 4% to $1,134/t (-1% for the week, -1 .5% for the month), losing the growth of the previous week. The reason for the collapse of quotations was the decision of the US Fifth Circuit Court of Appeals in favor of the Ergon, Calumet Shreveport and Placid oil refineries, which challenged the ERA decision. The court allowed small refiners...
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The final grain yield in Ukraine will be higher than last year
27.11.2023
According to the Ministry of Agriculture, as of November 23, 55.053 million tons of grain were threshed in Ukraine from 10.237 million hectares or 94% of the area with a yield of 5.38 tons/ha, while last year on this date from 9.2 million hectares or 82% of the area was harvested 40.1 million tons of grain with a yield of 4.37 tons/ha. And the total gross harvest of grain and oil crops in Ukraine reached 75.763 million tons. Yes, on the specified date: wheat - 22.4 million...
