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Purchase prices for grains in Ukraine on June 26, 2023
26.06.2023
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 FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 4200 111 Mustard seeds 60000 Peas 10000 Corn 5027 ↓ 6 4542 170 175 ↓ 5 Soybeen cake 18000 Sunflower oil cake 6800 300 Sunflower- oil 25750 471...
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Soybean and palm oil prices started to fall after speculative gains earlier in the week
23.06.2023
Against the background of a sharp speculative rise in prices, traders began to take profits, so quotes for the soybean complex on the Chicago Stock Exchange fell slightly, which led to a decrease in palm oil prices. In the US, dry hot weather prevails in the soybean growing regions, and the forecasted precipitation for the next few days will be weak and uneven, so the weather factor will continue to put pressure on the quotations of the soybean complex. U.S. officials...
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Experts believe that Ukraine, together with the UN, will be able to unblock civil shipping in the Black Sea if the Russian Federation withdraws from the grain agreement
23.06.2023
Against the background of the Russian government's statements about withdrawing from the grain agreement, Ukrainian experts are discussing the need to restore civil shipping in the Black Sea with the help of civilized countries and without the participation of the Russian Federation. Ambassador of the Ministry of Foreign Affairs of Ukraine on special assignments Olha Trofimtseva wrote in her Telegram that "there is a 99.9% probability that the Russian Federation will...
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Heat reigns in the corn belt of the USA, and rains have passed in other exporting countries
23.06.2023
Traders' attention is focused on the weather in the US Midwest, where heat and drought are hurting soybean and corn crop potential. Scattered rains fell in Canada, Ukraine, the EU and Australia, replenishing soil moisture reserves. Hot and mostly dry weather persists in the US Midwest . During the weekend, slight precipitation is expected there, especially in the eastern regions, and separate showers are expected next week, but significant precipitation is not forecast in the...
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Purchase prices for grains in Ukraine on June 23, 2023
23.06.2023
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 FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 4450 111 Mustard seeds 60000 Peas 10000 Corn 5017 4496 174 ↓ 1 159 ↓ 7 Soybeen cake 16000 Sunflower oil cake 6800 300 Sunflower- oil 25750 ↑ 250 ...
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Soybean quotes for the week rose by 11% due to heat-induced crop deterioration
22.06.2023
In certain soybean growing regions of the United States, crop stress is increasing due to lack of precipitation. The central areas of the Midwest are suffering the most, while the Plains are receiving fairly intense rains, so corn has been hit the hardest and prices have risen more. Rains are expected in the next 5-7 days, which will lower temperatures and improve conditions for plant development, which will reduce speculative pressure on prices. According to NASS USDA data, as of...
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Wheat rose 3.5-5.6% based on USDA's crop status report
22.06.2023
According to the NASS USDA report, as of June 18 in the United States due to a lack of moisture, the number of spring wheat crops in good or excellent condition for the week decreased by 7% to 51% (59% last year). Winter wheat is threshed on 15% of the area (23% last year, 20% on average for 5 years on this date). Due to the prolonged drought, the wheat harvest will be one of the worst in the last 50 years. In a June report, the USDA estimated it at 45.3 million tons, which would...
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Corn prices hit annual high amid worst crop conditions since 1992
22.06.2023
In the US corn belt, dry and hot weather persists, which worsens the condition of crops and becomes the main speculative factor in the growth of quotations to an almost annual maximum. Such conditions in the central regions of the Midwest will last for several more days, and rain and lower temperatures are expected already at the weekend. According to NASS USDA data, as of June 18, the number of corn crops in poor or very poor condition rose to 12% (8% a week ago and 6% last year),...