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Exports of soybeans from Ukraine are slowing down due to restrictions on supplies to the EU and increased supply from South America
03.05.2023
Against the backdrop of a decrease in export prices for oil crops, in particular soybeans, the demand for them in Ukraine has significantly decreased, while the demand for rapeseed and sunflower from the EU countries has practically disappeared after import restrictions. According to "APK-Inform", due to reduced demand from Poland, Romania and other EU countries, soybean exports from Ukraine decreased to 160,000 tons in April, while in March it reached the highest level...
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Oil prices fell 5.5% on expectations of reduced demand in China and Fed rate hike
03.05.2023
The US Federal Reserve's intention to raise interest rates 25 basis points above 5% to curb inflation is sending stock and commodity markets into a frenzy, reducing speculative demand and prices for oil and commodities, including grains and oilseeds. In addition, the market is pressured by an unexpected decline in the index of manufacturing activity in China in April, as well as information about the increase in oil exports by Russia, contrary to the statements of the pr....
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Ukraine will reduce wheat and corn exports in 2023/24 FY
03.05.2023
According to estimates of the Ministry of Agrarian Policy of Ukraine, grain exports in the 2023/24 season may drop to 26 million tons as a result of a significant reduction in production due to the invasion of the Russian Federation, said First Deputy Minister T. Vysotskyi. He said that the ministry is leaving the forecast for the grain harvest in 2023 at the level of 44 million tons, despite the unfavorable weather in Ukraine. Rains and low temperatures in April practically...
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Purchase prices for grains in Ukraine on May 3, 2023
03.05.2023
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, $ DAF, $ CIF, $ Wheat mill offals 2625 Mustard seeds 60000 925 ↓ 50 Peas 10000 Rye grade IV 5000 Corn 4924 5188 ↓ 8 183 ↑ 1 236 ↑ 6...
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Ukraine is reducing the pace of exports against the background of blocking the grain corridor and supplies to the EU
02.05.2023
In April, grain exports from Ukraine decreased compared to March from 5.34 to 3.62 million tons, which still exceeds the 923,000 tons shipped in April 2022, when all Black Sea ports were blocked due to Russian aggression, the ministry reported yesterday of agrarian policy of Ukraine. According to the agency, in 2022/23 FY as of May 1, Ukraine exported 41.6 million tons of grain, including 14.4 million tons of wheat, 24.4 million tons of corn, and 2.5 million tons of barley. For the...
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Strategie Grains experts raised the forecast for the EU rapeseed harvest to 20 million tons
02.05.2023
Strategie Grains experts have raised their forecast for EU rapeseed production in 2023 from 19.5 to 20 million tonnes compared to April estimates, thanks to favorable weather in most of Europe, which will exceed last year's 19.4 million tonnes. At the same time, the forecast for this year's sunflower production in the EU has been reduced by 100,000 tons to 11.2 million tons, which will exceed the 2022 figure by 2 million tons, since a significant reduction in the harvest in...
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Wheat prices on the US exchanges started the week with a fall of 1.6-2.6% on the background of improving weather
02.05.2023
Wheat futures on the US stock exchanges yesterday fell by 1.6-2.6% to a 2-year low based on data on the improvement of the condition of winter crops and forecasts of precipitation in the Plains region, which will contribute to a good harvest. In Europe, yesterday was a day off, and today prices are likely to rise on the news of restrictions on the export of wheat from Ukraine to the EU. According to NASS USDA, 12% of spring wheat acreage was planted in the US as of April 30, which...
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Purchase prices for grains in Ukraine on May 2, 2023
02.05.2023
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, $ DAF, $ CIF, $ Wheat mill offals 2625 ↓ 75 Mustard seeds 60000 925 ↓ 50 Peas 10000 Corn 4924 5203 ↓ 24 183 180 236 ↑ 4 Sunflower oil cake ...