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Moderate temperatures with intermittent rain in major exporting countries this week and forecasts of favorable weather next week reduce the impact of weather factors on world prices. Against the background of stable weather conditions, the market does not expect any significant changes in forecasts in today's supply and demand balances from the USDA.   In the Midwest and the US Plains, the cyclones brought precipitation and mild temperatures that will improve the condition of...

The Naval Forces of the Armed Forces of Ukraine announced the creation of temporary corridors for the movement of merchant ships to/from the ports of Ukraine.   New temporary traffic routes to/from the Black Sea ports of Ukraine have been announced in accordance with the order of the navigation order of the Navy of the Armed Forces of Ukraine No. 6 dated 08.08.23. At the same time, the message emphasizes that there is a military threat and mine danger from the Russian Federation on...

Against the backdrop of a drought in Asia, global prices for rice, which is the staple food for 3 billion of the Earth's 7.8 billion people, reached an almost 15-year high as of August 9. White Thai rice, the benchmark for Asian exporters, rose to $648/t on Wednesday, up 50% from the August 2022 price, according to the Rice Exporters Association of Thailand.   The rapid rise in rice prices began in July after the UN World Meteorological Organization announced the resumption of...

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 3367 Mustard seeds 22500 ↓ 26750 Peas 8400 8650 100 198 ↓ 685 145 Buckwheat 14000 1111 Corn 5333 4516 ↓ 15...

Brazil is ramping up corn harvesting and as of August 7 had already threshed 64.3% of the second crop, compared with 80% at the same date last year. Rainfall somewhat delays harvesting, especially in the south.   Against the backdrop of high yields, analysts are adjusting production forecasts, and farmers are stepping up sales.   The AgRural agency, due to better-than-expected yields, raised its forecast for the country's total corn production in FY2022/23 by 3.1...

The wheat market will trade flat this week in anticipation of the new balance sheet from the USDA, in which traders expect to see an increase in crop estimates for Ukraine, the US and the Russian Federation, as well as an increase in inventories. Favorable weather in Canada and the Russian Federation improves spring wheat harvest prospects, while in Argentina, drought worsens the condition of crops.   In the August report, the MSG of the MSA will update data on wheat acreage, and an...

In January-July of this year, compared to the same period in 2022, Brazil increased soybean exports by 19.7% to 72.47 million tons, while the share of deliveries to China increased by 69.5% to a record 50.4 million tons, - the Ministry of Foreign Trade of the country reports.   Analysts explain the significant increase in exports due to the competitive prices of Brazilian soybeans, which were sold $20-60/ton cheaper than the main competitor, American soybeans, in the March-July...

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 3367 Mustard seeds 49250 Peas 8400 8650 100 ↓ 3700 656 ↓ 227 145 Buckwheat 1111 Corn 5333 4508 170 148 ↓ 3...