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Purchase prices for grains in Ukraine on March 15, 2024
15.03.2024
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2400 Peas 12500 10833 11600 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 ...
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Stratégie Grains analysts lowered the forecast for wheat production in the EU
15.03.2024
In the March report, Stratégie Grains experts reduced the forecast of total wheat production in the EU in 2024/25 FY by 1.4 million tons to 128.8 million tons (133 million tons in 2023/24 FY), in particular soft wheat - by 1 million tons to 121.6 (125.7) million tons. Wheat production will decrease the most in France, Germany and Poland, while it may increase in Hungary. The forecast for the total production of barley in the EU has been reduced by 1.3 to 51.8 million tons...
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Chinese buyers canceled agreements for the supply of 1 million tons of wheat from Australia
15.03.2024
Chinese importers are canceling or postponing agreements under which 1 million tons of Australian wheat should have been delivered in February-April, Reuters reports. According to traders, some deals have been canceled completely, while other delivery dates have been postponed to the second and third quarters. In many cases, buyers who canceled or postponed delivery must pay a penalty. After heavy purchases late last year and early this year, China is cutting supplies...
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Exports of agricultural products by rail across the western border decreased to the lowest level since the beginning of the war
15.03.2024
The volume of exports of agricultural products by rail across the western border of Ukraine decreased to an average of 299 wagons/day, which became the lowest figure since the beginning of the war, Spike Brokers reports. The European market is oversaturated with grain of the old harvest, and local railway operators cannot quickly change freight rates in accordance with the commodity market situation, which makes it difficult to export Ukrainian agricultural products to the EU by...
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Purchase prices for grains in Ukraine on March 14, 2024
14.03.2024
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2400 Peas 12500 10833 11600 10000 Buckwheat 9750 Rye 6000 Sugar beet pulp gran 5500 ...
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Only a complete embargo on trade with the Russian Federation, or at least on oil supplies, can stop the war in Ukraine
14.03.2024
Even at the beginning of the full-scale invasion of Ukraine, most experts noted that only a complete embargo on trade with the Russian Federation, or at least on oil supplies, would be able to force the Russian authorities to stop the war, since the revenues from the export of oil and gas make up 34.5% of the Russian budget. Thus, $110.1 billion received from the sale of oil accounted for 22.3% of Russian export revenues. Despite Ukraine's calls to ban the import of Russian...
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Floods in Argentina delay harvest but improve prospects for future harvest
14.03.2024
According to Reuters, heavy rains in Argentina have led to excessive soil moisture in the country's main agricultural regions, which could make it difficult to harvest soybeans in 2024. Heavy downpours caused flooding in some areas of Buenos Aires, and people walked around the city waist-deep in water. According to the National Weather Service, 15-75 mm of rain has fallen in the main agricultural areas over the past 24 hours, and the intensity will increase in the coming days....
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In anticipation of the new harvest, the Russian Federation will intensify wheat exports
14.03.2024
The world's largest grain exporter, the Russian Federation, is stepping up exports of cheap wheat to reduce stocks ahead of a new record harvest. This reduces food inflation in importing countries, but increases competition between exporters. Against this background, prices for European and American wheat fell to a 3.5-year low, and China canceled several agreements to buy them. According to StoneX experts, the Russian Federation can export 4.5-4.8 million tons of wheat in March, which...
