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The Egyptian state operator GASC, against the backdrop of a drop in world prices for vegetable oils, on February 22 held an international tender for the purchase of such oils with delivery in April and payment 180 or 270 days after the opening of the letter of credit.   Compared to the previous auctions on January 18, sunflower oil offer prices decreased from $950-1000/t to $957-985/t C&F with payment of 180 days and from $993-1206/t to $974-1010/t C&F with payment of 270...

Since the beginning of the full-scale invasion of the Russian Federation and the blocking of seaports of Ukraine, land logistics hubs have helped to create alternative export routes and ship significant volumes of agricultural products - Elevatorist.com reports.   From March 2022 to December 2023, 36 million tons of agricultural products were exported by rail. For this, entrepreneurs had to increase the number of transshipment terminals in the western regions 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, $ DAF, $ CIF, $ Wheat mill offals 2900 Peas 10000 9750 Buckwheat 9200 Rye 6000 Sugar beet pulp gran 5500 Green peas 19500 ...

Yesterday on the Chicago Stock Exchange, March soybean futures fell 1.6% to the lowest level since December 2020 at $426.5/t (-5.6% on the month) under pressure from the acceleration of harvesting of the record soybean harvest in South America and low export rates from the USA.   According to the US MSG, during February 9-15, soybean exports decreased by 34% compared to the previous week to 1.185 million tons, and in total in the season reached 31.969 million tons, which is 30% less...

During February 1-19, Ukraine exported 265,000 tons of agricultural products by road, compared to 138,000 tons for the same period in January and 246,000 tons for December 1-19. The main export items during this period were sunflower oil and sugar, Spike Brokers reports on its Telegram channel.   The volume of car exports began to decrease due to the blocking of several checkpoints on the border with Poland. If at the beginning of February, the average rate of passing agricultural...

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 2900 Peas 10000 10300 230 Buckwheat 9200 Rye 6000 Green peas 19500 ↑ 1000 Coriander 500 ...

Indonesia is increasing imports of low-quality wheat, and recently contracted 300,000 tons of Black Sea wheat, which will keep prices in Ukraine from falling further.   A severe drought caused by the El Nino phenomenon in the second half of last year delayed the planting of corn and sharply reduced its yield, which reduced the supply of feed grain. Therefore, if in 2023 Indonesia imported 10.87 million tons of wheat, then in 2024 it will increase imports by at least...

Natural gas prices fell to their lowest level since 1995 amid near-record production, large storage inventories and forecasts of reduced demand due to warmer weather. During the month, thanks to increased supply and weak demand, US gas prices fell by 50%.   In December, gas production in 48 US states reached a record 105.5 billion cubic feet per day. And gas reserves as of February 9 exceeded the average 5-year seasonal indicator by 15.9%. Even if individual companies cut back on...