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Despite the numerous complaints of the Russian authorities about restrictions on the export of Russian grain by Western sanctions, wheat supplies from the Russian Federation are reaching record levels, and new sales to Egypt are increasing the pessimism of sellers from the USA and Europe.   According to the Russian Grain Union, in the two months of the 2023/24 fiscal year, compared to the same period of the previous season, the export of grain crops increased by 1.6 times from 8.5 to...

At a meeting with the President of Turkey, Putin said that the Russian Federation will return to the grain agreement only after its conditions are met: Russian grain and fertilizers are removed from sanctions, and banks are connected to SWIFT.   The terrorist country blackmails the world with hunger, does not compromise and puts forward new conditions, claiming that the West is deceiving it. At the same time, Putin promised to help African countries with grain, delivering 1 million...

Ahead of the Australian Bureau of Agriculture and Natural Resources Economics and Science's (ABARES) quarterly report, brokerage IKON Commodities has released its own crop forecast, which beats ABARES' July estimates.   According to IKON's forecast, the harvest of the three main winter crops in Australia will amount to 48.1 million tons, which will be inferior to last year's record 65 million tons, but will exceed the 5-year average by 3%. Thus, wheat production will...

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 4853 ↓ 60 172 154 ↓ 4 224 ↑ 4...

On the night of September 3 and 4, the Russians again attacked the port infrastructure of the Danube ports of Ukraine with martyrs. Thus, on September 3, 25 Shahed-136/131 drones were launched in several waves of attacks from Cape Chauda, Crimea and Primorsko-Okhtarsk, of which the Defense Forces of Ukraine managed to destroy 22 UAVs. However, as a result of the impact, the port infrastructure was damaged, a fire broke out, which was quickly extinguished. According to preliminary data, two...

Recently, the main buyer of Russian oil was India, where half of the volume of oil exported by tankers from the ports of the Russian Federation was supplied. However, the other day, India's Energy Minister Hardeep Puri said that the country plans to sharply reduce imports of Russian oil and reduce dependence on the Russian Federation.   He said that Indian refineries, which after the start of the war increased their purchase of Russian oil by more than 40 times, which provided...

During the year, Turkey almost doubled its reserves of sunflower oil, which allowed it to significantly increase its exports, while imports will gradually begin to decrease in August-December, Oil World experts report.   From September to July 2022/23 MR, the country increased the import of sunflower oil compared to the previous season by 0.4 million tons to a record 1.27 million tons, due to which stocks on August 1 doubled to 500,000 tons. The main volumes of sunflower oil were...

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 Peas 8500 7000 100 196 Rye grade III 4500 Corn 5500 ↑ 500 5500 4913 ↑ 3 172 154 ↓ 4 224 ↑ 4 Flax 11500 ...