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According to the Statistics Canada (StatCan) report released yesterday, in 2023 the planted area in the country increased by 3.2% compared to the previous year from 21.4 to 22.1 million acres, while traders estimated it at 21.8 million acres.   The expansion of planting areas is due to high canola prices during the last two seasons. But analysts say that due to dry and cold weather at planting time, the total canola crop may remain at last year's level, even with increased...

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 5033 4517 172 ↓ 1 190 170 169 ↓ 3 Soybeen cake 18000 Sunflower oil cake...

World grain markets remain under the pressure of uncertainty with the harvest of the new season, so expert forecasts become speculative factors influencing quotations.   The Ukrainian Agribusiness Club (UKAB) has published forecasts for the harvest of grain and oil crops in Ukraine, which are significantly worse than official estimates.   According to UCAB forecasts, the harvest of grain crops will decrease compared to 2022 from 53 to 42.5 million tons due to the reduction...

Wheat futures on the US exchanges collapsed yesterday, despite the deterioration of the spring wheat crop and the delay in harvesting winter wheat in the US. Following them, prices for European wheat fell.   Yesterday, July futures fell in price: by 6% to $251.7/t - for soft winter SRW wheat in Chicago, by 3.6% to $307.8/t - for hard winter HRW wheat in Kansas City, by 3.6% to $306.2/t - for hard spring HRS-wheat in Minneapolis, by 4.1% to €236.5/t or $259/t -...

During the week of June 19-25, the volume of exports of agricultural products through the "grain corridor" from the ports of Odesa decreased by 18% compared to the previous week to 358.3 thousand tons, and the number of loaded ships - by 3 to 6 units. However, even loaded vessels continue to wait in line for inspection, - reports the Ukrainian Agribusiness Club (UKAB).   Export volumes will remain low next week as only 6 ships passed port entry inspection last...

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 5033 4502 173 ↓ 2 190 170 169 ↓ 3 Soybeen cake 18000 Sunflower oil cake...

The harvesting of corn in Brazil is still going slower than last year, but soon the hot weather will allow to speed up the work. This increases the pressure on stock quotes, which yesterday did not even react to the further deterioration of the state of crops in the US.   On the Chicago Mercantile Exchange, July corn futures rose 1% to $250.9/t yesterday after falling 5% on Friday, while December futures fell 5.9% on Friday to settle at 231 yesterday. $5/ton.   According...

After a sharp rise in rapeseed prices in the first half of June by 20% (following a speculative rise in soybean quotations), last week they fell by 10% on the Paris stock exchange. This increases the pessimism of Ukrainian farmers, who will suffer from low rapeseed prices in the new season.   August rape futures on the exchange in Paris yesterday rose by 2.6% to €442/t or $482/t, losing 6.2% of the price for the week. Prices are under pressure from the improvement in the state...