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Strategie Grains experts believe that in 2023, EU countries can resume corn production after the previous dry season, if this is not hindered by a new wave of drought and the limited amount of grain sowing area in the EU.   Last year, due to dry weather, European farmers decided not to increase the area of corn sowing in 2023 and left it at the level of a 5-year minimum. Because of this, the forecast for corn production in the EU has been reduced by 900,000 tons to 61.2 million tons,...

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 4200 111 Mustard seeds 60000 Peas 6100 Corn 6750 5550 ↑ 33 4521 172 190 153 ↓ 17 163 ↓ 6 Flax ...

According to the press service of the Ministry of Agrarian Policy of Ukraine, as of July 6, from 308.2 thousand hectares or 3% of the planned area, domestic farmers harvested 1.024 million tons of grain and leguminous crops with an average yield of 33.2 tons/ha.   In terms of cultures, the dynamics of harvesting work is as follows: barley - from 235 thousand ha or 16% of the area, 805.8 thousand tons were threshed with a yield of 34.3 tons/ha, wheat - from 51.4 thousand ha or...

India, the world's largest importer of vegetable oils, continues to increase its imports, taking advantage of the drop in world prices to an annual low.   According to Reuters, in June, compared to May, the country increased palm oil imports by 49% to a three-month high of 655,000 tons, soy oil by 35% to 432,000 tons, and sunflower oil by 36% to 190,000 tons.   August palm oil futures on Bursa Malaysia yesterday rose 1.2% to 3,911 ringgit/t or $840/t (+9.8% for two...

The central Midwest, which has suffered the most from the drought, received rain this week and temperatures dropped to moderate to cool, which will help the soybean and corn crops.   Rainfall of 30-50 mm replenished soil moisture reserves, but delayed the harvesting of winter wheat. Thunderstorms have been in the US Plains all week and will continue into next week, so winter wheat harvest will slow down in Kansas and Texas.   Scattered precipitation has passed across the...

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 4200 111 Mustard seeds 60000 Peas 6100 Corn 6750 5263 4529 172 190 170 163 ↓ 8 Flax 20000 ...

As of July 1, 2023, the volume of elevator capacities in Ukraine decreased from the pre-war 57 million tons to 44 million tons of simultaneous storage. That is, as a result of the occupation, shelling and flooding, the capacity of 8 million tons of simultaneous grain storage was lost, Elevatorist.com reported after studying the site's Map of Elevators data and information on the destruction of granaries from open sources.   The largest losses of elevator capacities were recorded...

Abundant precipitation in the regions of winter wheat cultivation in the USA, dry weather in Canada and the east of the Russian Federation, and the probable completion of the grain corridor led to a speculative increase in wheat quotations in the USA by 5-6%.   After a long US Independence Day weekend, wheat markets turned higher amid heavy rains in winter wheat growing regions that will continue for another week and delay harvest. On July 2, winter wheat in the USA was harvested on...