-
Egypt will purchase European wheat after canceling a major agreement with the Russian Federation
21.09.2023
The Russian authorities blocked an agreement to supply 480,000 tons of wheat to Egypt, after which he agreed to purchase the same amount of wheat from France and Bulgaria. According to sources who asked not to be named, the Russian authorities did not like the price of the deal. For the second time in recent months, Egypt's purchase of Russian wheat has been canceled, as the Russian Federation is trying to unofficially keep the lower limit of export prices at $270/t...
-
European wheat again won the tender in Egypt
21.09.2023
Traders from the Russian Federation keep the minimum offer prices at the level of $270/t FOB, which is used by European sellers who sold regular volumes of wheat at the tender in Egypt. In addition, the authorities of the Russian Federation did not allow the sale of 480,000 tons of wheat to Egypt under a contract previously concluded outside the tender at a price below the established minimum, which indicates the efforts of the Russian Federation to raise world prices, taking advantage of the...
-
Bulgaria has suspended the import of sunflower from Ukraine and plans to introduce quotas for it
21.09.2023
Amid strikes by Bulgarian farmers unhappy with the impact of cross-border trade on the region, the country's authorities yesterday held talks with them to resume sunflower imports from Ukraine to compensate for a potential supply shortfall. It was decided to extend the ban on all imports until a quarter or license system is implemented between Ukraine and Bulgaria. The hot and dry weather in Bulgaria has reduced the prospects of own production of sunflower, so processors have...
-
Purchase prices for grains in Ukraine on September 20, 2023
20.09.2023
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 2433 ↑ 183 Mustard seeds 600 Peas 8500 212 ↑ 7 265 ↑ 55 Rye grade III 4500 Corn 4833 ↓ 84 4831 154 ↓...
-
The cancellation of the meeting between the presidents of Poland and Ukraine will increase tensions between the countries
20.09.2023
Relations between Ukraine and Poland are becoming more and more tense, and the meeting of the presidents of both countries at the UN, which was supposed to contribute to de-escalation, was canceled. The President of Poland Andrzej Duda explained that he was unable to meet with V. Zelensky, as the meeting was scheduled for 11:30, and the organizers postponed Duda's speech to that time. The meeting is not currently on the agenda, but it may happen later. We will remind that the...
-
Against the backdrop of reduced demand, corn prices fell to a 3-year low
20.09.2023
December corn futures on the Chicago SWOT fell to $185.5/t, the lowest since December 2020, on Monday amid reduced demand and an acceleration in the harvesting of the new crop, and on Tuesday rose 1% to $187.5/t for supporting hot weather in Brazil, which may delay planting of first-crop corn. According to the US MSG, as of September 17, corn was harvested in the country on 9% of the area (7% on average over 5 years). The number of crops in good or excellent condition for the week...
-
Wheat prices fell by 2% against the background of the loading of the first ships in the Black Sea ports of Ukraine
19.09.2023
After the withdrawal of the Russian Federation from the grain agreement, the first two vessels last week entered the port of Chornomorsk for loading through the temporary corridor for civilian vessels established by the Navy of the Armed Forces of Ukraine. The first of them has already left in the direction of the Bosphorus, which led to a speculative decrease in wheat exchange prices. The second is currently being loaded with wheat, which will be further transported to...
-
Purchase prices for grains in Ukraine on September 19, 2023
19.09.2023
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 2250 Mustard seeds 600 Peas 8500 205 ↑ 10 210 Rye grade III 4500 Corn 4917 4831 ↑ 151 172 154 ↓ 4 208...
