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Purchase prices for grains in Ukraine on May 25, 2023
25.05.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 3550 11111 200 Mustard seeds 60000 Peas 10000 Sugar beet pulp gran 9500 Corn 6700 4725 4963 ↑...
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Corn prices recover despite active planting in the US and harvesting in Brazil
24.05.2023
Corn prices remain under pressure from active planting in the US and the start of second harvest in Brazil, but are supported by forecasts of severe heat in the US over the next 7-10 days. According to the Conab agency, as of May 20 in Brazil, corn of the first crop has been harvested on 77% of the area (+5% for the week, but 84% last year), but 0.2% of corn of the second crop of Safrinha has already been harvested. The condition of Safrinha crops in most regions remains good,...
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India increases imports of sunflower oil and decreases imports of palm oil, which lowers its prices
24.05.2023
India may cut palm oil imports to a 27-month low in May as buyers favor sunflower and soybean oils amid lower prices. On May 1-20, 261,000 tons of palm oil were delivered to the country's ports, and the total import in May may reach 411,000 tons, while for the first 6 months of 2022/23 MR, the average monthly import of this oil was 818,203,000 tons. Price is an important factor for Asian buyers who have bought palm oil due to its low cost and fast delivery....
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An increase in the forecast for the EU rape harvest increases the pressure on quotations
24.05.2023
The European monitoring agency MARS in a new report raised estimates of rapeseed and wheat yields in EU countries, which increased the pressure on quotations. Experts believe that the rains have increased moisture reserves to a favorable level for this time of year, so the prospects for the harvest are generally good, with the exception of the countries of the Iberian Peninsula. Compared to the previous report, the estimate of rapeseed yield in the EU has been...
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Purchase prices for grains in Ukraine on May 24, 2023
24.05.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 3550 ↓ 25 11111 200 Mustard seeds 60000 Peas 10000 Sugar beet pulp gran 9500 Corn 4725 4934 ...
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Russia has been blocking the entry of ships to the port of Pivdenny for almost a month
23.05.2023
Despite the resumption of the work of the grain initiative, the Russian delegation as part of the SCC continues to block the entry of ships to the deepest sea port of Ukraine - Southern, - reports the Ministry of Reconstruction of Ukraine. On May 19, 3 vessels moving to the ports of Odesa and Chornomorsk for loading were inspected, while the Russians refused to register and inspect vessels to the Southern ports unilaterally and without explanation. On May 20, Russian inspectors...
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Kansas farmers will not harvest 30% of winter wheat, and US processors buy wheat from the EU
23.05.2023
Reuters reported after a three-day crop tour of Kansas that farmers in the state are refusing to harvest drought-damaged winter wheat crops and even deliberately treating fields with crop-killing chemicals to get higher insurance payouts because the grain cannot be harvested due to the low location of the ear. Some farmers give their winter wheat fields to cattle grazing. Reductions in harvested acreage will reduce U.S. wheat production and reduce stocks to a 16-year low. According...
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Despite the resumption of the grain initiative, rail deliveries of grain to the Black Sea ports have sharply decreased
23.05.2023
Ukrzaliznytsia records a significant reduction in wagon deliveries of grain to the ports of Greater Odessa, despite the resumption of the grain corridor, the company's commercial operations department reported. "If earlier the rate of daily unloading of wagons with grain in the ports of Odesa was 700-900 wagons, now it has decreased to 92 wagons. In May, the average daily unloading of wagons with grain was 243 wagons. As of May 22, 962 wagons with grain cargo were moving...