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Purchase prices for grains in Ukraine on October 24, 2023
24.10.2023
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 1100 Mustard seeds 629 Peas 7500 295 ↑ 21 Corn 3879 3630 ↓ 169 1890 ↑ 1750 135 193 ↑ 6 Flax 440 rapeseed cake 250 ...
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Oil prices fell 2.5% on hopes for a diplomatic solution to Israel's conflict with the Gaza Strip
24.10.2023
December Brent crude oil futures fell 2.5% to $89/barrel yesterday amid easing tensions in the Middle East. Because of a diplomatic mission to free hostages taken by Hamas, Israel has postponed an operation in the Gaza Strip, and Western countries are trying to stop the expansion of the war between Israel and Hamas. The UN called for a "humanitarian pause" in the war, which was supported by EU leaders. December palm oil futures on the Malaysian exchange, after rising 6%...
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Soybean quotes fall on forecasts of an increase in planted areas in Brazil
24.10.2023
November soybean futures on the Chicago Stock Exchange fell 1.2% to $472.8/t yesterday (0% for the week, -1% for the month) amid dry weather and a delayed rainy season in central Brazil, which farmers may reduce acreage under corn in favor of soybeans. According to the AgRural agency, as of October 19 in Brazil, 30% of the planned area was sown with soybeans (34% last year), and 30% with first-harvest corn. Planting is slowest in the central regions, which suffer from heat and...
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World wheat prices remain at an annual low, but in Ukraine they are increasing thanks to the intensification of sea exports
24.10.2023
Wheat futures on world exchanges remain flat at the lowest level for the last two years against the background of significant supply and weak demand from importers. In Ukraine, wheat prices rose slightly due to increased exports through Black Sea ports. A second consecutive crop year increased the supply of wheat on the world market, although the global balance may be adjusted according to harvest data in Australia and Argentina. IGC experts increased the forecast of world wheat...
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Purchase prices for grains in Ukraine on October 23, 2023
23.10.2023
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 1100 Mustard seeds 629 Peas 7500 295 ↑ 21 Corn 3879 ↓ 13 3800 ↑ 133 1888 ↑ 1753 135 193 ↑ 6 Flax 440 ↑ 5 rapeseed cake ...
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IGC experts predict a decline in global grain stocks to a 9-year low, despite increased production
23.10.2023
In the October report, IGC experts reduced the forecast of world grain production (wheat and fodder) in 2023/24 MR by 2 million tons to 2,292 million tons, which will exceed last year's figure by 27 million tons due to the increase in the sorghum and corn harvest, which compensates for the reduction in the production of wheat, barley and oats. The consumption forecast was left at a record level of 2,305 million tons, which would be 2% higher than last year, including growth for...
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57.6 million tons of grain and oil crops have already been harvested in Ukraine
23.10.2023
According to the Ministry of Agriculture, as of October 19, 39.228 million tons of grain and leguminous crops were threshed in Ukraine from 8.275 million hectares or 76% of the area with an average yield of 4.74 tons/ha, in particular: wheat - 22.359 million tons from 4.6945 million ha or 100% of the area with a yield of 4.76 t/ha, corn - 9.282 million tons from 1.3767 million hectares or 34% of the area with a yield of 6.74 tons/ha, barley - 5.863 million tons from 1.5045...
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Forecasts of increased precipitation intensity in major exporting countries this week will affect the markets
23.10.2023
Traders are closely monitoring weather conditions in the Southern Hemisphere, where precipitation remains below normal due to the El Niño phenomenon. Special attention is paid to Brazil, in the south of which there is already an excess of rains, and in the center (the main areas - producers) - a shortage. Heavy rains in southern Brazil last week led to further flooding, which will have a negative impact on the harvesting of winter wheat and the sowing of soybeans and corn....
