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On Friday morning, a fire broke out in one of the warehouses of the port of Novorossiysk, where fuel pellets were stored. There was no indication that the Ukrainian drone attack was the cause, but wheat prices reacted to the news with a speculative rise, especially amid forecasts of heatwaves in the US next week.   Over the past week, wheat prices fell, losing 3.5-6%, but on Friday, traders began to take profits, due to which quotes rose by 1.8-4%.   In the Midwest and the...

The decline in the main indicators of China's economy, export and import of goods, and demand for oil indicate that the world's second largest economy is approaching another crisis, which may trigger a global crisis and a drop in grain demand.   One of China's largest trust funds, Zhongrong International Trust, which is partly owned by a Beijing-based asset management conglomerate with stakes in many financial sector companies, has missed the payment schedule for almost...

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 3200 ↑ 175 Peas 8500 10000 7000 100 196 Buckwheat 14000 Corn 5500 5500 4873 ↑ 6 170 224 ↑ 4 rapeseed cake 800 ...

Blocking the export of agricultural products from Ukrainian Black Sea ports increases the pressure on purchase prices, and low demand and prices in the EU almost paralyze trade in Ukraine.   In the EU, the increase in the rape harvest against the background of last year's significant stocks is putting pressure on domestic prices. According to the European Commission, the import of rapeseed to the EU in the new season has slowed down significantly, and for the period from July 1...

This week's weather in major grain exporters has helped with crop development and harvest, but forecasts of hot and dry weather next week could lead to speculative gains in soybean and corn prices.   In the main soybean and corn growing regions of the Midwest and the Central and Southern Plains of the United States this week, the front brought showers that replenished moisture reserves. Already from the weekend, the heat will prevail there at 32-34 o C without precipitation,...

The high cost of freight, low prices for grain and oilseeds and a shortage of fleets are restraining trade in the main river ports of the Danube and slowing down deliveries on the main export route for Ukraine now, Agricensus reports.   Even before the completion of the grain agreement, trade through the Danube was gaining momentum, as it was considered much safer. But after the Russian shelling of the Danube ports, part of the shipowners left the region, and those who remained...

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 3150 Mustard seeds 55000 Peas 8500 10000 7000 100 196 145 Buckwheat 14000 1111 Corn 5500 ↓ 433 5500 4867 170 ...

On August 16, 2023, the first civilian ship - the container ship "JOSEPH SCHULTE" under the flag of Hong Kong with 30,000 tons of cargo (2114 containers), including food, left the port of Odesa on August 16, 2023 through the new temporary "humanitarian corridor". This vessel remained in the port of Odesa from February 23, 2022.   The Minister of Development of Communities, Territories and Infrastructure of Ukraine O. Kubrakov said that the corridor will primarily...