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The Indian government has decided to ban the export of rice from the country from July 20, Reuters reports.   The reason for the export ban on white (non-basmati) rice was a sharp 3% rise in domestic prices for the crop over the past month, after heavy monsoon rains badly damaged crops. In general, during the year, the prices of white rice in the country increased by 11.5%.   It is worth noting that India provides 40% of the world's rice exports, so any reduction in...

Corn prices on the Chicago Stock Exchange continued to rise on forecasts of dry and hot weather in the US and amid strikes on the Danube port of Reni in Ukraine.   Yesterday on the exchange in Chicago, September corn futures rose by 6.4% to $220.7/t, and December - by 6% to $223.7/t.   On the night of July 24, the Russian Federation attacked the port of Reni, which, after the completion of shipments from the Black Sea ports, became one of the main routes for the export of...

On the night of July 24, the Russian Federation attacked the Danube port of Reni with 15 Iranian drones, as a result of which three warehouses with grain were damaged, fires broke out, and the reception and shipment of grain was stopped. Exchanges reacted to this with a price jump of 7-8.6%. According to preliminary data, several Romanian barges were also damaged, so shipowners partially transferred their fleet to the Romanian port of Galati, located 26 km from Reni. An escalation of the war at...

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 3850 111 Mustard seeds 15000 76000 Peas 7100 7100 210 145 Buckwheat 1111 Corn 5450 4822 173 ↓ 2 165 175 ↓ 4...

Rape quotes rose 7.5% in Paris last week, but fell 5.9% on Friday, nearly giving up the week's gains amid weak demand in the physical market and increased canola supplies as harvesting ramps up in the EU and Ukraine.   In Ukraine, as of July 20, 1.39 million tons of winter rape were harvested from 563.52 thousand hectares or 41% of the area with an average yield of 2.47 tons/ha (1.94 tons/ha last year). Given the increase in the area of sowing and the high yield of rapeseed in...

Despite continued shelling of Odesa's port infrastructure and uncertainty over exports in the Black Sea region, wheat prices fell on Friday as traders started to lock in profits.   Yes, September futures became cheaper: by 4.4% to $256.3/t - for soft winter SRW wheat in Chicago (+5.6% for the week, -5.8% for the month), by 1.7% to $316.1/t - for hard winter HRW wheat in Kansas City (+3.9% and 0%), by 1.7% to $325.9/t - for hard spring HRS-wheat in Minneapolis (+0.3% and...

The improvement of weather conditions in Ukraine accelerates the harvesting of winter crops and promotes the development of spring crops.   According to the Ministry of Agriculture, as of July 20, 5.888 million tons of grain and leguminous crops were threshed from 1.49 million hectares or 14% of the area in Ukraine with a yield of 3.94 tons/ha, in particular: wheat - 3.42 million tons from 830.96 thousand hectares or 18% of the area with a yield of 4.12 tons/ha (2.88 tons/ha in...

On the night of July 24, the Russian Federation attacked the Danube ports of Ukraine with "Shahed" drones, as a result of which there was damage to the infrastructure and victims, - said the spokeswoman of the Southern Secondary School N. Humenyuk.   Three enemy drones were shot down by air defense systems of the Armed Forces of Ukraine, but others hit the port, destroyed a grain hangar, tanks for storing other cargo, and some other port facilities. Currently, four port...