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Palm oil production in Malaysia and Indonesia looks set to reach record levels this year, although experts previously thought it could decline as a result of the El Niño phenomenon.   In both countries, the main palm growing regions received a lot of rain, which will keep yields at a stable level. Although El Niño, which started in mid-2023, usually brings dry weather to the region and reduces palm yields, especially in southern Indonesia.   The probability...

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 2900 Peas 10000 13650 230 Buckwheat 9200 Coriander 500 Corn 6162 4972 4368 147 171 ↓ 6 138 ...

Polish farmers reported that during the 30-day general strike of farmers from February 20, all checkpoints on the border with Ukraine will be blocked and protests will be held on the ground. The organizer of the protest actions is the "Solidarity" trade union, which opposes the uncontrolled arrival of agricultural products from Ukraine after the opening of borders by the European Union.   Farmers believe that the lack of appropriate regulation of goods reduces the...

After a week's drop, the export prices of demand for wheat in Ukraine in hryvnia slightly increased thanks to the rapid growth of the dollar exchange rate on the interbank exchange in two days by 1.3% from 37.66 to 38.15 hryvnias/$.   This week, purchase prices for fodder wheat in Black Sea ports remained at $150-154/t, but hryvnia prices rose by UAH 50-100/t to UAH 6,300-6,400/t amid limited supply from producers.   At the same time, the number of offers of food wheat...

Yesterday, the Egyptian GASC held an international tender for the purchase of corn, which happens very rarely. Two consignments of Ukrainian corn were purchased on it at a fairly high, for today, price of $185/t FOB.   The following proposals were submitted to the tender: 3 batches of Ukrainian corn at a price of $192-209/t FOB Chornomorsk with payment in 180 days or $196-212/t FOB with payment in 270 days, 1 batch of Ukrainian corn at a price of $235-240/ton C&F, 3...

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 2900 Peas 10000 13650 230 Coriander 500 Corn 6188 4972 ↑ 11 4373 147 171 ↓ 6 138 200 Soybean hulls...

According to the US Environmental Protection Agency (EPA), in 2023 the production of biofuel in the country increased to 4 billion gallons or 15.14 billion liters, which significantly exceeded forecasts, - reports The Western Producer.   In June 2023, the EPA released the Renewable Fuel Standards (RFS) for 2023, 2024, and 2025. They call for production of 2.82 billion gallons or 10.67 billion liters in 2023, 3.04 billion gallons or 11.5 billion liters in 2024 and 3.35 billion gallons...

Black Sea sunflower oil sellers are forced to look for new buyers as demand from Asian countries falls amid heavy inventories, New Year celebrations and increased competition from soybean and palm oil, Agricensus reports.   China reported large stocks of sunflower oil and India increased its purchases of sunflower oil from Argentina after the cost of freight from the Black Sea rose due to Houthi attacks on ships in the Red Sea.   According to the SEA agency, in November -...