-
Despite the blocking of the grain corridor by the Russians, Ukraine exceeded last year's export volumes
03.07.2023
According to the Ministry of Development of Communities, Territories and Infrastructure of Ukraine, starting from June 26, there are 29 ships in the queue in the territorial waters of Turkey, which are supposed to export 1.4 million tons of Ukrainian agricultural products to 5 countries in Africa and Asia, in particular to China, Egypt, Bangladesh and Turkey. In June, only 2 million tons of agricultural products were exported through the Black Sea ports, and another 1 million tons...
-
Purchase prices for grains in Ukraine on July 3, 2023
03.07.2023
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 ↓ 1950 Corn 5133 4517 172 190 170 169 ↓ 3 Flax 20000 ...
-
Palm oil quotes support Indonesia's plans to increase its biodiesel content to 40%
30.06.2023
The world's largest producer of palm oil, Indonesia, in February increased the mandatory share of biodiesel from 30% to 35%, and plans to increase it to 40% in the following years in order to reduce dependence on crude oil and maximize the use of its own resources, the ministry said. energy of the country. For this purpose, the authorities are conducting road tests of the B40 mandate, although the transition to 35% has not been fully implemented in some regions, as part of the...
-
Forecast of heavy rains in the US and the Canadian prairies increase pressure on soybean and corn prices
30.06.2023
This week, it rained in most of the Midwest of the USA , especially in the central regions of the "corn belt" - the states of Michigan and Illinois, where dry weather prevailed against the background of heat. Rainfall will continue next week, dropping temperatures from 30-33 ° C to 28-30 ° C, which will reduce stress on soybean and corn crops. The Southern Plains of the United States will experience two waves of rain during the week, which will delay...
-
Analysts lower forecasts for corn production in the world and in the US in 2023/24 MR
30.06.2023
In the June report, IGC experts reduced the forecast of world corn production in 2023/24 MR by 6 million tons to 1.211 billion tons compared to previous estimates, which, although it will exceed last year's 1.15 billion tons by 5%, but will be significantly inferior to the USDA forecast of 1.223 billion t. At the same time, the forecast of world wheat production has been increased by 3 million tons to 786 million tons, which will be slightly less than last year's 788.5...
-
Purchase prices for grains in Ukraine on June 30, 2023
30.06.2023
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 FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 4200 111 Mustard seeds 60000 Peas 10000 Corn 5156 ↑ 123 4517 172 ↓ 1 190 170 169 ↓ 3 Soybeen cake 18000 Sunflower...
-
New-crop soybean and corn prices fall amid U.S. rainfall and increased plantings in Canada
29.06.2023
Soybean and corn prices continued to fall this week amid rains in the central regions of the US corn belt, which has been hit hardest by the drought. Corn prices have completely lost the speculative growth of June, and soybean quotes have risen by 10% for the month. Traders are taking gains ahead of the final U.S. plantings report, due June 30, as well as the June 1 quarterly inventory report and Canada's acreage increase data. According to Statistics Canada...
-
Wheat prices fell again by 2.2-4.8% on the background of increased acreage in Canada
29.06.2023
Yesterday's report from Statistics Canada (StatCan) sent a speculative drop in wheat prices immediately by 8%, followed by a weekly drop of 6.8-12%. Traders are looking ahead to the final US plantings report due on June 30, and have so far ignored data on the large yield gap for winter wheat in Kansas. According to the StatCan report, the area planted to wheat in FY 2023/24 will grow by 6.4% compared to the previous season, from 25.39 to 27.024 million acres, which will be the...
