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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 4350 Mustard seeds 60000 Rye grade IV 4400 Sugar beet pulp gran 9500 Corn 5050 ↓ 10 4541 ↓ 20 170 194...

Coceral lowered the forecast for the production of soft wheat in the EU-27 to 127.3 million tons from 129.5 million tons in the March forecast, which is 0.3% more year-on-year. The forecast for barley has been adjusted to 49.47 million tons, which is 4.6% less than last season. The corn crop was revised up to 61.1 million tons compared to March forecasts of 62.1 million tons.   Coceral noted that the reason for the decrease is dry weather in the northern part of the EU, especially in...

The June USDA WASDE report on soybeans was quite bearish, while data from the Oilseeds: World Markets and Trade report was broadly neutral for the market. However, soybeans and soybean oil prices rose sharply at the end of the week, supported by both forecasts of hot weather in the US in the coming weeks and lower US soybean oil inventories.   July soybean futures rose 1.7% to $509.1 a ton (-0.3% for the month) on Friday after the reports on the Chicago Stock Exchange, but were down...

The Russian Federation continues to block Ukrainian grain exports, but the UN and Turkey are unable to convince the Russian Federation to stop delaying vessel inspections, leading to uncertainty over the further operation of the grain corridor after July 18.   According to Deputy Minister of Infrastructure Yuriy Vaskov, the Zernova initiative is operating at less than 20% of its normal capacity due to the position of the Russian Federation in the Joint Coordination Center, and the...

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 4350 ↑ 50 120 Mustard seeds 60000 Rye grade IV 4400 Sugar beet pulp gran 9500 Corn 4833 ↓ 67 ...

Despite an upbeat soybean balance sheet from the USDA and a good outlook for the new crop in the US, traders increased the number of contracts as their main focus is on the soybean harvest in Argentina. July soybean futures rose 1.7% to $509.1/t on Friday (-0.3% for the month), and November futures rose 1.3% to 442, according to a report on the Chicago Stock Exchange. .5 $/t (-1.6%).   In the June report, major adjustments were made to the balance sheet for FY 2022/23, while the...

In June's 2023/24 corn supply and demand balance sheet, USDA experts again raised estimates for production, consumption, exports and ending stocks, but quotes barely responded, falling only 0.5-1%.   In the balance for 2022/23 MR, the production forecast for Brazil has been increased by 2 million tons to 132 million tons, which will exceed the analyst estimate of 130.93 million tons and compensate for the decrease in the forecast for Argentina by 2 million tons to 35 million...

In a June report, USDA experts sharply raised their 2023/24 wheat production, consumption and inventory forecasts. Such a "bearish" report could collapse quotations by 3-5%, however, due to a large discrepancy with analysts' estimates, prices almost did not change. In two months, quotes have fallen 6-8% to their lowest levels since 2021, and US crop forecasts remain at 2021 and 2022 levels.   Compared to the May estimates, the wheat balance for 2023/24 MR underwent the...