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Experts of the Ukrainian Grain Association (UZA) increased the forecast for the harvest of grain and oilseed crops in Ukraine in 2023 by 3.7 million tons to 80.5 million tons, while they estimated the 2022 harvest at 73.8 million tons. Despite the reduction in the area sown on 2 million hectares, favorable weather made it possible to improve productivity and obtain a good harvest.   At the same time, grain exports in the 2023/24 MR may amount to 49 million tons compared to 58 million...

On the night of September 7, the Russian Federation again attacked the ports of Odesa with attack drones, Oleg Kiper, the head of Odesa OVA, said.   Already the fourth attack in the last five days lasted for three hours. As a result of the attack, civil and port infrastructure facilities, an elevator, and an administrative building were damaged in several settlements.   If on the night of September 6, the Russians launched 8 missiles in the direction of Kyiv, which were...

As a result of the adjustment of soybean sowing areas, StoneX experts increased the forecast of soybean harvest in Brazil in 2023/24 MR by 156,000 tons to a record 163.63 million tons, which will exceed last year's figure by 3.8% compared to August estimates.   For example, in the state of Minas Gerais, the area of soybean sowing will exceed forecasts by 40 thousand hectares and will amount to 2.24 million hectares, and in general they will reach 45.14 million hectares 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 2000 Mustard seeds 600 Peas 8500 7000 100 196 Rye grade III 4500 Corn 5000 ↓ 500 4811 172 154 ↓ 4 224 ↑...

Over the weekend, rain fell in most of Ukraine, favorable for the production of rapeseed seedlings. But in general, the reserves of soil moisture are quite low, so the plans of Ukrainian farmers to increase the area of rapeseed sowing to a record 1.9 million hectares may not be realized.   Domestic farmers are actively sowing winter rapeseed and cereals. At the beginning of September, 699.7 thousand hectares were sown with winter crops, in particular, 654.9 thousand hectares with...

Amid rising Malaysian palm oil inventories and lower soybean oil prices, November palm oil futures on Bursa fell 3.6% to RM3,901/t or $837/t since Monday (-0.7% for the week ).   They were not supported even by the increase in palm oil imports to India, which in August reached a 9-month high of 1.12 million tons compared to 1.09 million tons in July. On the eve of the festival season, importers stepped up purchases, so India increased vegetable oil imports by 5% compared to July to a...

Global canola prices have remained stable in recent weeks, but forecasts of an increased canola crop in Australia have sent quotes down.   In a new quarterly report, ABARES experts raised the forecast for the country's canola crop in 2023/24 from 4.9 to 5.2 million tons, which will be inferior to last year's record 7.3 million tons but will exceed the 5-year average.   On the Paris MATIF, November rapeseed futures fell 2% yesterday to €455.75/t or $489/t (-2%...

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 2000 Mustard seeds 600 Peas 8500 7000 100 196 Rye grade III 4500 Corn 5500 4817 172 154 ↓ 4 224 ↑ 4...