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Soybeans on the Chicago Stock Exchange are down for five straight sessions amid dry weather in South America and anticipation of a new UDA report that analysts say will cut soybean production forecasts for the U.S. and Brazil and slightly raise Argentina's.   The heat and lack of rainfall in central Brazil may result in replanting of some soybean areas. In the state of Mato Grosso, 83% of the area is sown with soybeans, but in the next 10-14 days there will be heat of 30-36 o C...

Last week, December wheat futures on global exchanges partially recovered from the previous week's decline and rose, but remain low amid weak demand and lack of fundamental support factors.   Improved weather conditions in the Northern Hemisphere are helping the growth of winter wheat crops and reducing concerns about the fate of the future crop. In the USA, 90% of the planned areas are sown with winter wheat (89% on average over 5 years).   Traders believe that the...

From November 6, Polish carriers began to block checkpoints on the border with Ukraine, demanding the cancellation of transport visa-free for Ukraine. Until December 3, they promise to allow only one truck per hour in both directions, which has already practically stopped traffic across the border at the largest crossings: Yagodyn - Dorogusk, Krakow - Korchova, Rava-Ruska - Grebenne.   The strikers are demanding the return of the permit system for Ukrainian carriers and limiting...

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 900 Mustard seeds 629 Peas 195 Buckwheat 7500 Green peas 5000 Corn 5500 3942 ↑ 62 2971 ↑ 65...

A seasonal increase in the supply of vegetable oils in the global market is increasing the pressure on quotations, especially against the backdrop of reduced demand from India and China.   India cut edible oil imports to a 16-month low in October as refiners cut purchases due to increased inventories.   Lower risks of confrontation in the Middle East led to a 5% drop in oil prices, which increased pressure on vegetable oil prices.   January palm oil futures on...

In October, the average value of the FAO Food Price Index decreased compared to September by 0.7 p or 0.5% to 120.6 p, which is 10.9% or 14.8 p lower than in October 2022. Decrease in sugar prices , grain, vegetable oils and meat was partially offset by higher prices for dairy products.   The average value of the FAO Cereal Price Index decreased by 1.3 p or 1% from September to 125 p, which is 17.9% or 27.3 p lower than in October 2023. World wheat prices fell by 1.9 % due to...

The Ukrainian Grain Association (UZA) increased the forecast for the harvest of grain and oil crops in Ukraine in 2023 by 1.1 million tons to 81.6 million tons, while it estimated the 2022 harvest at 73.8 million tons. The estimate was revised due to favorable weather conditions conditions and better than expected corn and sunflower yields.     According to UZA's forecast, grain exports in 2023/24 FY may reach 50 million tons (58 million tons in 2022/23 FY), but only...

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 900 ↓ 200 Mustard seeds 629 Peas 195 210 Buckwheat 10000 7500 Green peas 5000 Corn 5500 3967 4200 ...