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In the April WASDE supply and demand report, USDA experts increased their forecast for 2023/24 wheat production, consumption and exports, while lowering their estimate of global ending stocks. The main attention is paid to the change in the structure of exports and the redistribution of final balances between exporters, which led to a decrease in wheat quotations on the US and EU exchanges by 1.3-2.2%.   Compared to the March estimates, the new wheat balance for 2023/24 MR underwent...

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 2400 185 Peas 12500 13000 10000 Rye grade II 4400 Sugar beet pulp gran 155 Corn 6569 ↓ 17 5504 ...

Against the backdrop of Ukrainian UAV attacks on an oil refinery in Tatarstan and an Israeli strike on an Iranian general of the IRGC in Syria, June Brent crude oil futures rose 4% for the week to a 5.5-month high of $89/barrel, which supported vegetable oil quotes , which are used in the production of biodiesel.   On the MATIF exchange, May rapeseed futures traded mixed during the week but stabilized at €450/t, while August futures for a new crop in April rose 3.5% to...

Chinese importers have canceled previously concluded agreements for the supply of large shipments of wheat from the United States and Australia, which upset traders.   Thus, the USDA reports on China's refusal to supply 504,000 tons of American wheat, which is the largest canceled batch in the entire history of observations.   The delivery of 1 million tons of wheat from Australia was also canceled or postponed indefinitely.   On this news, on April 9, wheat...

According to the State Customs Service, in 2023/24 FY Ukraine exported (as of April 10) 37.086 million tons of cereals and legumes, in particular in April - 2.227 million tons, while last year on this date 38.824 million tons of cereals were shipped, of which in April - 848 thousand tons, - reports the press service of the Ministry of Agrarian Policy of Ukraine.   In the current season, the following was exported: wheat - 14.541 million tons (13.335 million tons in 2022/23...

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 2400 185 Peas 12500 13000 10000 Rye grade II 4400 Sugar beet pulp gran 155 Corn 6617 ↑ 50 5504 ...

Recent events on the border between Poland and Ukraine have caused serious difficulties with the export of agricultural products. Farmers from Poland organized a blockade of border crossings, protesting against the import of Ukrainian grain, which, in their opinion, creates unfair competition and threatens local markets. For Ukraine, this situation has become a real challenge that requires a complex solution, because Ukrainian farmers depend on the export of their products to world markets,...

The preliminary agreement on the extension of duty-free trade with Ukraine for another year, reached between the Chairman of the EU Council and the representatives of the European Parliament, was later supported by the representatives of the EU member states, the EU Council reports.   The new agreement provides that the effect of import duties and quotas on the supply of products from Ukraine to the EU will be suspended until June 5, 2025, but at the same time some restrictions on...