-
Forecasts of a record soybean harvest in Brazil and a decrease in the heat in the US reduced the quotation by 4.7%
01.08.2023
The front that brought heavy rains to areas of the US corn belt over the weekend dropped temperatures from 35 o C to 30-31 o C, causing soybean prices to fall by 4.7-5% yesterday. In addition, the forecast of a record soybean harvest in Brazil in 2024 is putting pressure on prices. The Brazilian agency Safras & Mercado predicts that in 2024, thanks to the increase in the sowing area, the country will harvest a record 171.5 million tons of soybeans, which will exceed the...
-
In August, the cost of renting CTL grain trucks and semi-wagons will increase again
01.08.2023
Since August, the "Transport Logistics Center" branch of JSC "Ukrzaliznytsia" has been increasing rental rates for the use of wagons. Thus, according to data published on the company's website, the cost of renting carriages in August will increase compared to July: grain trucks - from UAH 100 to UAH 400 per day, semi-wagons - from UAH 100 to UAH 1,400 per day, cement trucks - up to UAH 600 per day, tanks for the transportation of food products -...
-
Wheat quotations fell by 3.2-6.2%, despite the growth of exports and the deterioration of the state of crops in the US
01.08.2023
Speculative jumps in the prices of wheat and other agricultural products related to news from the Black Sea region continue on world markets. Yesterday it became known that under the cover of an American anti-submarine aircraft, three ships are heading to the Danube ports of Ukraine, while another 16 ships are standing at the entrance to the Ukrainian mouth of the Danube. Based on this information, quotations for wheat, soybeans and corn fell by 3.2-6%, although already after the closing of the...
-
Purchase prices for grains in Ukraine on August 1, 2023
01.08.2023
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 CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 3367 111 Mustard seeds 76000 Peas 7300 7500 145 Buckwheat 1111 Corn 5475 6300 4827 ↑ 18 173 ↓ 2 165 192 ↑ 1 Soybeen cake 17550 ...
-
Wheat prices at the end of the week completely lost the previous speculative growth
31.07.2023
Wheat prices rose sharply last week amid shelling of Ukrainian ports, but at the end of the week traders began to take profits and quotes fell to the level of the previous week, adding a total of 5-10% for the month. For now, markets are awaiting final harvest data in the Northern Hemisphere. September futures fell in price on Friday: by 1.2% to $258.8/t - for soft winter SRW wheat in Chicago (+0.8% for the week and +9.7% for the month), by 1.2% to $314.6/t - for hard...
-
With the help of Romania, Ukraine can increase exports through the Danube ports
31.07.2023
Ukraine currently exports about 2 million tons of grain and oil crops per month through Danube ports (a record 202 million tons were shipped in May), but wants to increase transshipment to 3 million tons/month, the Ukrainian Grain Association (UZA) said. The European Commission is coordinating work with Romania and Ukraine on the activation of shipments. There are two entrances/exits to the Danube: Sulina and Bystre mouth. Currently, the European Commission has allocated funds for...
-
A decrease in the EU rapeseed forecast and a drought in Canada could lead to a rise in quotations
31.07.2023
Rape quotes on the Paris stock exchange fell for a second week in a row, despite forecasts of lower canola harvests in the EU and Canada, a deterioration in the condition of soybean crops in the US and rising oil prices. During the week, November rapeseed futures on Paris Euronext fell 4.7% to €458.75/t, or $505/t, adding 4.7% to prices for the month on forecasts of production cuts. If last week the quotations fell under the pressure of increased offers,...
-
Purchase prices for grains in Ukraine on July 31, 2023
31.07.2023
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 CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 3367 111 Mustard seeds 76000 Peas 7300 ↑ 200 7500 210 145 Buckwheat 1111 Corn 5475 ↑ 25 6300 4809 173 ↓ 2...
