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According to Atria Brokers, as of June 13, freight rates for the transportation of 6,000 tons of wheat and corn consignments by coasters from the ports of Reni and Izmail in the direction of Spain were $55/t, to the east coast of Italy - $48/t, the eastern Mediterranean (Lebanon , Egypt, Cyprus) – $40/t, the east coast of Greece – $37/t. During the week, the cost of freight for the specified destinations increased by $2/t against the background of increased demand. Also, rates for...

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 6400 7100 Corn 5525 4658 170 153 ↓ 8 169 ↓ 3 Flax 20000 Sunflower oil cake 300 Beet...

Data from the USDA's July balance sheet for wheat differed significantly from analysts' previous estimates, especially for the US crop. Therefore, despite the "bullish" nature of the report, stock market quotations decreased yesterday.   Thus, USDA experts, against the background of an increase in the area of sowing and yield, increased the forecast of wheat production in the USA in 2023/24 MR by 2 million tons to 47.3 million tons, which will exceed the figure of...

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 4200 111 Mustard seeds 76000 Peas 6400 ↑ 300 Corn 5600 ↑ 50 4658 170 153 ↓ 8 169 ↓ 3 Flax 20000 ...

In the USDA's July balance sheet for soybeans for 2023/24 MY, the main changes affected the USA, to which traders reacted the most, almost not paying attention to the decrease in forecasts of world production and stocks.   August soybean futures fell 1.9% to $530.7/t (+4.2% for the month), and November futures fell 2.5% to $487.9, according to a report yesterday on the Chicago Stock Exchange /t (+10.3%).   In the balance sheet for 2022/23 MR , USDA experts increased...

Quotations reacted to another increase by USDA experts in the estimates of world production, consumption and reserves of corn in the 2023/24 MR by falling by 3.8%. Improving weather in the US Midwest is also adding to price pressure.   On the Chicago Mercantile Exchange, December corn futures fell 3.8% yesterday to the lowest level since October 2021 at $190.45/t, losing 13.7% for the month.   On the Paris exchange, November corn futures fell just 0.4% to €223/t or...

Increased acreage and improved U.S. corn conditions have dampened speculative corn demand in recent weeks, and traders are now awaiting an updated balance sheet from the USDA.   Against the backdrop of two weeks of rain, the number of U.S. corn in good or excellent condition rose 4% for the week from 51% to 55% (64% last year), the 7th worst on record for this time period.   Thunderstorms are expected in the central Midwest this week, but Iowa, Minnesota, Wisconsin, and...

In the current season, sunflower prices in Ukraine were very unstable and depended on a number of factors, primarily on the volume of meal and oil exports through the Black Sea ports. At the end of the 2022/23 season, processing volumes and demand for sunflower were expected to decrease, especially with the new crop of canola coming into the market soon. However, processing rates remain high and demand for sunflower is increasing, leading to higher purchase prices.   According to...