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Despite a significant reduction in sunflower stocks in Ukraine, the export of sunflower oil in June remained at a high level and amounted, according to preliminary data, to 476 thousand tons, which significantly exceeded the expectations of market participants and the 453 thousand tons exported in May, Shareuapotential reports.   The main buyers of domestic sunflower oil in June were Romania, Turkey and India.   In general, in 2022/23 MR Ukraine increased the export of...

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 4200 111 Mustard seeds 60000 Peas 8050 Corn 6750 5242 ↓ 2 4529 171 ↓ 1 190 170 169 ↓ 3 Flax 20000 ...

A downgrade in US soybean acreage estimates shocked the market and sent palm oil prices up 8.5% and soybeans up 10% over the past two sessions.   September palm oil futures on Bursa Malaysia rose 5.1% yesterday to a 3-month high of 3,985 ringgit/t or $854/t (+8.5% over two sessions) amid Friday's gains for soybeans and soybean oil on the Chicago Stock Exchange.   The speculative jump was not restrained even by the data of the survey company Intertek Testing Services on...

Soybean quotes rose 7% in two sessions after the USDA cut its estimate of U.S. soybean acreage by 1.62 million hectares. Following them, stock exchange prices for rape rose by 5.5%, receiving additional support from the report of the consulting company Strategie Grains, which, due to dry conditions in the north of the EU, reduced the forecast for the rape harvest in the EU in 2023 by 600 thousand tons to 18.8 million tons , which will still exceed last year's 19.2 million...

Wheat and corn markets remain under pressure from USDA reports of increased U.S. corn acreage. However, traders were not active on the eve of the US Independence Day on July 4, so the quotations almost did not react to the next decrease in the forecast of the wheat harvest in the EU, the deterioration of the state of crops in the USA and France, and the activation of exports from the USA.   According to the NASS Crop Progress report, in the USA as of July 2, winter wheat was...

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 4200 111 Mustard seeds 60000 Peas 8050 Corn 6750 5250 ↑ 50 4499 ↓ 18 171 190 170 169 ↓ 3 Flax ...

USDA's quarterly U.S. acreage and old-crop stocks reports, usually released on June 30, help traders determine balances for the new season and forecast price trends. This year, the data of the reports differed significantly from the March and June forecasts of the USDA and the average estimate of analysts, which quite shocked the market participants. Soybean prices rose 5-6% on the report, while corn fell 5-7.3%, and recent heavy rainfall in the US corn belt will add further pressure on...

The USDA's quarterly U.S. acreage and stocks reports were more pessimistic than analysts expected, but wheat prices continued to fall after the corn market, for which acreage estimates were unexpectedly increased significantly.   According to NASS USDA, 49.628 million acres of wheat were planted in the US in 2023, which is 227 thousand acres less than the March forecast and 28 thousand acres less than the average estimate of analysts. Estimates of winter wheat acreage were...