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After the end of the local elections and receiving aid from the EU, the Polish authorities began to react more actively to blocking the border with Ukraine, so local farmers began to unblock the checkpoints. With strikes at the border, Polish farmers obtained additional funding from the EU and a promise to review the "Green Deal" policy in European agriculture.   Yesterday, farmers ended the blockade of the "Dorogusk-Yagodin" checkpoint, which lasted since...

Rains fell in most agricultural regions of Argentina last week, which delayed the harvesting of soybeans and corn, but improved the conditions for sowing winter wheat. This week, the intensity of precipitation will decrease, which will allow to speed up harvesting.   May soybean futures on the Chicago Stock Exchange rose 0.9% to $426/t yesterday amid delays in soybean shipments from Argentina, but remain under pressure from reduced demand from China.   According to data...

The decrease in grain supply in Ukraine at the end of the season continues to lower rates for the transportation of grain from deep-sea ports, which allows traders to raise purchase prices.   Last week, freight rates for the transportation of grain from the ports of Odessa and the Danube decreased again, and the most - in the direction of China and Spain.   For the second week in a row, the bids for the transportation of firewood and handysizes in the direction of 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 3000 Peas 12000 ↓ 1000 11250 Rye grade II 4400 Sugar beet pulp gran 155 Green peas 15000 ...

Experts of the Commonwealth Bank of Australia (CBA) predict that the area of rapeseed in the country in 2024/25 MR will decrease by 4% compared to last year to 8.27 million acres or 3.35 million hectares, and the harvest will be 5.67 million tons , which will correspond to the level of the previous season, - Western Producer reports.   If the drought in the state of Western Australia, where 44% of the Australian canola crop was harvested in 2023/24 MR, continues for another month,...

A 3.7% drop in oil prices for the week added pressure on palm oil prices, which were heavily overbought. Lower prices for palm oil will allow it to compete with soybean oil and strengthen its position in the Indian market, which is increasing imports of sunflower oil.   Speculators are closing short oil positions in palm oil that they opened on expectations of an escalation in the Middle East that could end in a full-scale war between Israel and Iran.   June Brent oil...

In 2024, the Ministry of Agrarian Policy of Ukraine will restore budget subsidies for farmers for land and for keeping cattle, goats and sheep, in the following amount: farmers keeping from 3 to 100 cows - UAH 7,000 per head, grow from 5 to 500 goats or sheep - 2 thousand hryvnias. behind the head cultivate from 1 to 120 hectares of agricultural land - UAH 4,000. per hectare   In order to receive subsidies, information about the recipient must be entered in the State...

On Friday, the interbank dollar rate increased by 0.7% from 39.62-39.65 to 39.91-39.95 UAH/$ (+1% for the week, +1.8% for the month), despite on the news about the intentions of the US Congress to vote for providing aid to Ukraine.   The increase in the exchange rate is due to the reduction of currency offers from the NBU in the second half of the Friday session and the excess of demand over supply. Following the interbank rate, the cash dollar rate increased from UAH 39.5-40 to UAH...