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Kernel, Louis Dreyfus Company and Cargill became the largest exporters of Ukrainian grain in FY 2022/23.   In 2022/23, Ukraine increased grain exports compared to the previous season by 1 million tons to 49 million tons, of which 55% were shipped through deep-sea ports, and the rest via alternative routes.   The change in the main export routes has significantly adjusted the structure of the largest grain exporters, since deliveries by alternative routes are very...

As of October 26, 43.37 million tons of grain and leguminous crops were threshed in Ukraine from 8.85 million hectares or 81% of the area with a yield of 49 tons/ha, the Ministry of Agriculture reports with reference to operational data on the progress of the harvesting campaign.   Harvesting of the following crops is in progress: corn - from 1.947 million hectares or 48% of the area, 13.32 million tons were threshed with a yield of 6.84 tons/ha, buckwheat - 205.6 thousand...

Heavy rains in Brazil, Argentina and the United States have improved the outlook for the upcoming harvest, adding pressure on prices amid weak demand for the old crop.   According to the Buenos Aires Stock Exchange (BAGE), heavy rains in Argentina's main agricultural regions have improved soybean, corn and sunflower harvest potential. As of October 23, 22% of the planned 7.3 million hectares were sown with corn, 32.3% of the planned 1.95 million hectares with sunflowers, and...

A significant volume of wheat offers on the world market against the background of low demand leaves quotations at multi-year lows, and during the past week prices have decreased by another 1.8-3.3%.   On Thursday, on the news about the suspension of the Black Sea Grain Corridor, quotations rose slightly, but after the resumption of work, they immediately fell again.   December futures have remained flat for three straight weeks, but were slightly lower on Friday: by...

According to the China National Grain and Oil Information Center (CNGOIC), during October 19-25, China increased the volume of soybean processing by 29% compared to the previous week to 2 million tons, which is 27% higher than the corresponding figure in 2022. The increase in processing is explained by the recovery work of enterprises after the vacation period.   At the same time, stocks of soybeans in the People's Republic of China decreased by 16% for the week and amounted to 4...

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 210 Green peas 5000 Corn 5500 3857 3629 ↑ 2 1890 ↑ 1750 135 177 ↑ 8 Flax ...

The movement of vessels through the grain corridor on October 24-26 was stopped by the military due to the increased threat from the Russian Federation. Nataliya Gumenyuk, the spokesperson of the Joint Coordination Center of OC "South", reported that Russian planes dropped four explosive devices (probably mines) in the area of the Black Sea trade route, which is why the military prohibited the movement of ships.   There were rumors in the market that the work of the...

After the decrease in urea prices, market participants differed in their opinions regarding the further trend of nitrogen fertilizer prices. In Europe, gas prices are rising, so European producers will be forced to raise fertilizer prices. On the other hand, the prices of nitrate were much higher than for other fertilizers, and the demand for it was quite low due to the financial problems of the buyers, who stepped up their purchases of urea after the reduction in its prices. Therefore, some...