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Quotations for corn should have fallen against the background of a significant improvement in the condition of corn crops in the US last week, but the exit of the Russian Federation from the grain agreement led to a speculative jump in prices.   Yesterday on the exchange in Chicago, September corn futures rose by 5.9% to $208.2/t (+7% for the week, -11.9% for the month), and December - by 5.6% to 210 .4 $/t (+6.7% for the week, -12.2% for the month).   Forecasts of dry...

According to the Solvent Extractors Association of India (SEA), in June compared to May, India increased its import of vegetable oils by 24% to 1.3 million tons, in particular palm oil by 56% to 683.13 thousand tons and soybean oil by 37 % to 437.66 thousand tons, while the import of sunflower oil decreased by 35% to 190.79 thousand tons.   As a result of the almost complete shutdown of the grain corridor in June, supplies of sunflower oil to heavy cargo ships that could go to India...

Once again, the Russian Federation showed itself as a terrorist state by attacking the port of Ukraine in order to create a crisis in the world food market and increase the number of refugees from African countries to Europe. At the same time, it insists on the fulfillment of its demands for the legalization of the territories captured in Ukraine and the pushing back of NATO's borders.   Yesterday, the Russian Federation notified Turkey, Ukraine and the UN about the withdrawal...

Yesterday morning, stock market quotations for wheat and other agricultural crops began to grow violently on the news of the termination of the grain agreement, but then the market realized that Ukraine will continue to export grain through the Danube ports, the capacity of which is sufficient to handle 8-10 million tons of wheat in the new season, with due to the lower harvest than last year.   According to the weekly NASS Crop Progress report, as of July 16, winter wheat 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  EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 4200 111 Mustard seeds 76000 Peas 6600 6150 Corn 5450 ↓ 75 4673 ↓ 37 171 ↓ 1 170 171 ↓ 2 Flax 20000 Beet molasses 8000 ...

In 22 regions of Ukraine, early grain or leguminous crops have begun to be harvested, although the rains are somewhat delaying the work. So far, the average yield is better than last year.   According to the Ministry of Agriculture, as of July 14, 2.16 million tons of grain were harvested from 643.8 thousand hectares with a yield of 3.36 tons/ha, while last year on this date, 3.6 million tons of grain were threshed from 1.2 million hectares with a yield of 2.93 t/ha, and in 2021 at...

The grain agreement has expired, and the Russian Federation has not yet agreed to its extension. At the same time, Ukraine declares that it will not extend the agreement on the current terms, as the Russian Federation constantly blocks ship inspections.   According to the Ministry of Reconstruction, for almost a year, while the grain agreement was in effect, Ukraine exported more than 33 million tons of agricultural products to 45 countries by sea. According to the SCC, 11 grain...

The wheat market remains under pressure from uncertainty over the further work of the grain deal, but prices rose sharply at the end of the week amid a cut in the forecast for EU wheat production to last year's level.   On Sunday, the last ship with grain left the Black Sea port as part of the grain agreement. The chances of an extension of the agreement are minimal, although Erdogan said that he agreed with Putin on its extension, which was later denied by the Russian...