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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 4700 4582 111 Mustard seeds 60000 Peas 10000 Sugar beet pulp gran 9500 Corn 5070 4507 169 ↓ 1 5580 154 ↓...

Weather factors added to speculative pressure on soybeans last week, followed by canola, although prices remain well below a year ago.   August rapeseed futures on the Paris exchange were up 9.2% for the week at €473.5/t or $517.8/t, adding 23% since the start of the month, although they fell to their lowest since April 2021 on May 30 p level – 385 €/t. A year ago, rapeseed futures traded at €675/t, despite forecasts of a good global rapeseed harvest in 2022/23...

Against the backdrop of hot weather, Strategie Grains experts lowered the forecast for the European wheat harvest. In the June report, the forecast for the production of soft wheat in the EU in 2023/24 was reduced compared to previous estimates by 1.3 million tons to 128.7 million tons, which will exceed the previous season's figure by 3.6 million tons.   This adjustment is due to the expected reduction in the production of spring cereals due to dry and hot weather in the...

A speculative rally in the soybean complex on the Chicago Stock Exchange, fueled by forecasts of hot and dry weather in the US soybean-growing regions in June, weighed on nearby canola and palm oil markets, which also started to rally.   Last week on the Chicago Stock Exchange, the number of November soybean contracts increased by 11%, and November soybean futures rose 3.8% to $493.2/t (+11.4% for the week) on Friday. while July soybean oil futures rose 4.5% to $1,288/t (+7.3% for...

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 4700 4582 111 Mustard seeds 60000 Peas 10000 Sugar beet pulp gran 9500 Corn 5070 ↑ 20 4507 ↑ 78 169 ↓ 1...

Soybeans jumped 2.9-4.2% yesterday on the Chicago Stock Exchange due to dry conditions in the central US Midwest and a new estimate for the soybean crop in Argentina, which is almost 5 million tonnes less than the USDA's June estimate.   Soybean futures for July rose 2.9% to $524.8 a tonne yesterday, up 5% on the week, and November futures rose 4.2% to $474.8 a tonne (+8.6 %), indicating speculative demand for a new crop that may be affected by drought.   Quotations...

A lack of rainfall in the US Corn Belt and the end of planting in Canada under favorable conditions are the main weather factors affecting the markets this week.   Uncertainty in rainfall forecasts for next week and warmer than normal temperatures in the central US Midwest remain the main pressure factors on soybean and corn prices this week. The amount of precipitation this week was minimal, and 1-3 mm of precipitation is forecast for the next week, which is not enough for the good...

Ukrainian railwaymen do not anticipate the increased demand for grain transportation in 2023, which was observed last year. This was discussed at a meeting of Ukrzaliznytsia with representatives of the agricultural market on June 15.   Valery Tkachev, deputy director of the commercial work department of JSC "Ukrzaliznytsia" noted that currently there is no increased demand, on the contrary, the volume of railway transportation has decreased. According to him, there are...