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Traders are very concerned about the hot weather that has prevailed this week in the growing regions of corn, soybeans and spring wheat in the US, but forecasts of precipitation and lower temperatures in the next 7-10 days keep prices from speculative growth.   In the Midwest of the USA, the heat will remain at 35-37 o C for another 2-3 days, which will negatively affect the planting of soybeans and corn, but already next week, scattered precipitation will lower the temperature to...

Over the past month, demand and prices for vegetable oils have been gradually increasing against the background of blocked exports from Ukraine and lower forecasts for EU rapeseed and US soybean harvests due to drought. Therefore, traders closely followed the results of the Egyptian food procurement tender, which became an indicator of price trends.   On July 26, the state-owned Egyptian operator GASC purchased 45,000 tons of vegetable oils, including 33,000 tons of sunflower oil, at...

In the first half of 2023, Ukraine's income from agricultural exports increased by 17% to $11.8 billion compared to the same period in 2022, the Ukrainian Agricultural Export Association (UAE) reports.   According to the association, value-added products showed positive dynamics. Thus, revenues from the export of dairy products, eggs, wheat flour and pasta, and all types of confectionery products have increased.   Thus, revenues from the export of dairy products in 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, $ DAF, $ CIF, $ Wheat mill offals 3400 111 Mustard seeds 76000 Peas 7100 7500 210 145 Buckwheat 1111 Corn 5450 6300 4801 ↑ 18 173 ↓ 2 165 189...

Speculative price jumps continue on the global wheat market, caused by the shelling of Ukrainian ports, uncertainty with the export of grain through the Black Sea ports of Ukraine and the Russian Federation against the background of increased confrontation and threats to civilian ships.   If on Monday wheat futures rose by 7-8.6%, then on Wednesday they fell by 3.3-5.9% based on the data on the yield of wheat in the Northern Hemisphere, where harvesting...

At the meeting of the Ukraine-NATO Council initiated by Ukraine and held on July 26, the situation that developed in the Black Sea after Russia's withdrawal from the grain agreement, which allowed Ukraine to export food through Black Sea ports, was discussed. At a meeting of NATO countries, they agreed to strengthen surveillance and intelligence in the Black Sea, where the Russian Federation is creating new risks.   President Zelensky thanked NATO Secretary of State Jens...

After missile attacks on the infrastructure of the Black Sea and Danube ports of Ukraine, part of the ships left the Danube ports due to the risks of new attacks, and the export demand for rapeseed in Ukraine decreased sharply.   On Monday, purchase prices for rapeseed delivered to Danube ports fell by $15-40/t, but then recovered to $365-370/t or UAH 15,000-15,500/t.   The rains somewhat delay the harvesting of rapeseed, but its yield remains high. Farmers are actively...

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 3400 111 Mustard seeds 76000 Peas 7100 7500 210 145 Buckwheat 1111 Corn 5450 6300 4783 ↓ 9 173 ↓ 2 165 188...