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Despite the stable global soybean prices and the forecast of an increase in the harvest in Brazil, the export demand for soybeans and its prices are growing in Ukraine.   The Ukrainian government's struggle with cash purchases has halted many suppliers, especially those working in Danube ports, disrupting delivery timelines and increasing demand for soybeans to fulfill export contracts. Against the background of growing demand, farmers stopped sales, which led to another price...

On November 2, the Egyptian state agency GASC held a tender for the purchase of 30,000 tons of soybean oil and 10,000 tons of sunflower oil for delivery in January-February, where it purchased more than 60,000 tons of vegetable oils, as in the previous tender in September.   The tender received 8 bids for the supply of sunflower oil at a price of $963-1000/t C&F and 15 for the supply of soybean oil at a price of $1065-1075/t C&F, while the tender on September 21 received 8...

India cut edible oil imports to a 16-month low in October as rising inventories forced refiners to reduce purchases of palm, soybean and sunflower oils.   A reduction in purchases by the world's main importer of vegetable oils will lead to an increase in palm oil stocks in the main producing countries - Indonesia and Malaysia, which will increase the pressure on quotations. This, in turn, will reduce the prices of soybean oil in the USA and sunflower oil in the Black Sea...

Against the background of increased movement of ships to the Black Sea ports and a decrease in freight rates by $5-10/t, the purchase prices for corn this week increased by $5-10/t to $130-135/t or UAH 5,200-5,280/t with delivery to Black Sea ports and $140-145/t with delivery to Danube ports.   Despite the high yield and low humidity of corn, farmers hold back sales in anticipation of higher prices.   In Ukraine, on October 26, 13.32 million tons of corn were harvested...

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 1100 Mustard seeds 629 Peas 195 210 Buckwheat 10000 7500 Green peas 5000 Coriander 25000 ...

In October, Ukraine exported about 3 million tons of agricultural products by sea and river. However, so far the use of the alternative sea corridor has been limited by the number of ships entering and leaving the Armed Forces of the Russian Federation in order to ensure the safety of the convoy.   According to Spike Brokers, increasing shipments through the Black Sea ports reduces the flow of goods in the direction of the Danube ports and, accordingly, lowers river freight...

From the new year, legal entities will be allowed to buy agricultural land, and for individuals, the maximum plot size will be increased. Analysts of the "Ministry of Finance" analyzed how this would affect the price of land.   From July 1, 2021, the land market in Ukraine became operational, and owners of agricultural land were allowed to sell, and private investors - to buy plots. But for now, only natural persons can buy land, and then no more than 100...

December wheat futures have fallen by 1.2-3.5% since Monday and continue to fall amid forecasts of a global economic slowdown, lower demand and improved planting conditions.   Yesterday, December futures fell: by 1.7% to $204.4/t - for soft winter SRW wheat in Chicago (-3.5% since the beginning of the week), by 2.6% to $231.2/t - for hard winter HRW wheat in Kansas City (-2.2%). by 1.2% to $260.6/t - for hard spring HRS-wheat in Minneapolis (-1.4%). by 1% to €229.5/t...