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After attacks by Ukrainian drones on Russian ships, the Russian fleet no longer feels safe in the Black Sea. At the same time, Ukraine is preparing a global insurance mechanism that will help unblock ports for all types of cargo.   Ukraine's first step towards unblocking shipping in the Black Sea was drone strikes on naval bases in Crimea. In addition, attacks by a Russian tanker and warship at the Novorossiysk base posed a threat to Russian commercial...

Oil continues to rise, with prices rising to a 10-month high this week on data showing a decline in global crude oil production and inventories and on hopes for growth in China's economy and energy demand after the country's central bank cut reserve requirements for banks.   Prices were supported by OPEC's forecast of a possible oil deficit in the 4th quarter at the level of 3.3 million barrels/day, which will be the largest in the last 10 years. At the same time, the...

In the main exporting countries of the northern hemisphere, the weather was favorable for harvesting and sowing winter crops.   The U.S. Corn Belt received favorable planting rains, and next week's dry and warm weather will help speed up the harvest of soybeans and corn, which has already been threshed in 5% of the acreage. The Central and Southern Plains will see moderate to heavy rain during the week, which will slow soybean and corn ripening, but moisten the soil before winter...

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 8600 ↑ 100 7000 195 Rye grade III 4500 Corn 5000 4680 172 154 ↓ 4 214 ...

The head of the office of the European Commissioner for Trade, Michael Geger, submitted to the European Commission a proposal to extend restrictions on the import of agricultural products from Ukraine. Such a proposal is due to an analysis of the market situation, low prices, the impossibility of storing grain in countries neighboring Ukraine, and increasing exports from Ukraine to other EU countries, bypassing Poland, Romania, Bulgaria, Hungary and Slovakia. The period until which it is...

Wheat prices, initially largely unresponsive to the USDA report, rallied sharply yesterday as traders scrutinized the new balance sheet and realized that the supply of food wheat this season will be quite low, so at some point supply will not be able to meet demand. The ratio of stocks to consumption of wheat in the balance of FY 2023/24 will be the lowest in the last 9 years, and excluding China - in the last 16 years.   Yesterday, December futures rose in price: by 1.6% to...

In the September report, USDA experts reduced the forecast of world barley production by 0.75 million tons to 141.9 million tons (151.7 million tons in FY 2022/23), in particular for Canada - by 1.2 to 8 million tons, while increased the harvest estimate for the Russian Federation by 0.4 to 19.5 (21.5) million tons.   The forecast for the world export of barley in 2023/24 MR was reduced by 0.1 to 26.4 (29.9) million tons, in particular for Canada - by 0.3 to 2.3 million tons, but...

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 ↓ 183 Mustard seeds 600 Peas 8500 7000 195 Buckwheat 10000 Rye grade III 4500 Corn 5000 ...