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Purchase prices for grains in Ukraine on July 20, 2023
20.07.2023
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 EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 4200 111 Mustard seeds 76000 Peas 6600 6150 Corn 5450 4739 171 ↓ 1 165 173 ↓ 2 Flax 20000 Soybeen cake 18500 Sunflower...
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Following Hungary, Poland called for the extension of the ban on the import of grain from Ukraine
19.07.2023
Polish Prime Minister Mateusz Morawiecki said that Poland will not allow grain from Ukraine to enter its market after the closure of the grain corridor, although it will continue to ensure its transit. "We will fiercely defend our market, and we will not be forced to open it if it harms the interests of Polish farmers. The European Commission and the US administration should develop mechanisms for the export of grain from Ukraine, as well as the construction of the necessary...
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Dry weather in Canada is fueling speculative canola prices
19.07.2023
The Canadian Prairies received rain last week, bringing temperatures down to normal and stressing canola crops. No significant precipitation is expected this week, especially in Saskatchewan, leading to speculative price increases. As of July 10, 84% of canola in Saskatchewan was in fair or good condition, and 45% in good or excellent condition in Alberta (66% 5-year average). November canola futures on the Winnipeg exchange rose 0.5% yesterday to CAD 834/t or $632/t...
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Purchase prices for grains in Ukraine on July 19, 2023
19.07.2023
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 EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 4200 111 Mustard seeds 76000 Peas 6600 6150 Corn 5450 4673 171 ↓ 1 165 171 ↓ 2 Flax 20000 Beet molasses 8000 Rape-seed...
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U.S. corn prices rise amid grain corridor closures and Brazil acreage cuts forecast
19.07.2023
Quotations for corn should have fallen against the background of a significant improvement in the condition of corn crops in the US last week, but the exit of the Russian Federation from the grain agreement led to a speculative jump in prices. Yesterday on the exchange in Chicago, September corn futures rose by 5.9% to $208.2/t (+7% for the week, -11.9% for the month), and December - by 5.6% to 210 .4 $/t (+6.7% for the week, -12.2% for the month). Forecasts of dry...
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India increased vegetable oil imports by 24% in June, but cut sunflower oil purchases by 35%
18.07.2023
According to the Solvent Extractors Association of India (SEA), in June compared to May, India increased its import of vegetable oils by 24% to 1.3 million tons, in particular palm oil by 56% to 683.13 thousand tons and soybean oil by 37 % to 437.66 thousand tons, while the import of sunflower oil decreased by 35% to 190.79 thousand tons. As a result of the almost complete shutdown of the grain corridor in June, supplies of sunflower oil to heavy cargo ships that could go to India...
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After withdrawing from the grain agreement, the Russian terrorist country attacked the ports of Odesa and Mykolaiv
18.07.2023
Once again, the Russian Federation showed itself as a terrorist state by attacking the port of Ukraine in order to create a crisis in the world food market and increase the number of refugees from African countries to Europe. At the same time, it insists on the fulfillment of its demands for the legalization of the territories captured in Ukraine and the pushing back of NATO's borders. Yesterday, the Russian Federation notified Turkey, Ukraine and the UN about the withdrawal...
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Wheat prices fall amid faster harvest and improved U.S. crop conditions
18.07.2023
Yesterday morning, stock market quotations for wheat and other agricultural crops began to grow violently on the news of the termination of the grain agreement, but then the market realized that Ukraine will continue to export grain through the Danube ports, the capacity of which is sufficient to handle 8-10 million tons of wheat in the new season, with due to the lower harvest than last year. According to the weekly NASS Crop Progress report, as of July 16, winter wheat in the...