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Purchase prices for grains in Ukraine on June 21, 2023
21.06.2023
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, $ DAF, $ CIF, $ Wheat mill offals 4700 4582 111 Mustard seeds 60000 Peas 10000 Corn 4961 ↓ 109 4496 ↓ 11 170 5580 159 ↓ 27 Soybeen cake 16000 Sunflower oil cake ...
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New-crop soybean and corn prices in Chicago rose 4% on the day
20.06.2023
In the USA, on June 19, the newly introduced Day of Emancipation of Slaves (Juneteenth) was celebrated, dedicated to the complete abolition of slavery in the country after the Civil War. Exchanges were working yesterday, but government agencies were not, because the weekly report on the harvest in the USA will be released today. On Monday, on news about the lack of precipitation in the US corn belt, speculators actively bought futures for soybeans and corn of the new crop, which led to a price...
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Sunflower prices in Ukraine began to rise following vegetable oil markets
20.06.2023
Stock market quotations for palm and soybean oil have been rising for 5 consecutive sessions, which is strengthening the demand for cheap Ukrainian sunflower oil, the prices of which recently fell to $670-680/t with delivery to the port, but rose to $700/t in a few days and even higher Against the backdrop of rising sunflower oil prices, processors immediately raised the demand price for sunflower by 500-700 UAH/t to 14,000-14,500 UAH/t with delivery to the plant. In addition,...
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Results of the 2022 harvest in Ukraine
20.06.2023
On Friday, June 16, the State Statistics Service published the final data on the 2022 harvest of grain and oil crops in Ukraine. The total gross collection of grain and leguminous crops decreased by 37.4% compared to the previous year to 53.864 million tons, the area to be harvested by 23.9% to 12.171 million hectares, and the average yield by 15% to 45.8 tons/ Ha. In terms of crops, the harvest decreased compared to 2021: wheat - by 35.5% to 20.73 million...
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Purchase prices for grains in Ukraine on June 20, 2023
20.06.2023
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 CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 4700 4582 111 Mustard seeds 60000 Peas 10000 Sugar beet pulp gran 9500 Corn 5070 4507 169 ↓ 1 5580 154 ↓...
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Rapeseed prices rose 9.2% for the week amid drought in the US and Canada and forecasts of a reduced crop in Australia
19.06.2023
Weather factors added to speculative pressure on soybeans last week, followed by canola, although prices remain well below a year ago. August rapeseed futures on the Paris exchange were up 9.2% for the week at €473.5/t or $517.8/t, adding 23% since the start of the month, although they fell to their lowest since April 2021 on May 30 p level – 385 €/t. A year ago, rapeseed futures traded at €675/t, despite forecasts of a good global rapeseed harvest in 2022/23...
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A decrease in the harvest forecast in the EU leads to an increase in prices for European grain
19.06.2023
Against the backdrop of hot weather, Strategie Grains experts lowered the forecast for the European wheat harvest. In the June report, the forecast for the production of soft wheat in the EU in 2023/24 was reduced compared to previous estimates by 1.3 million tons to 128.7 million tons, which will exceed the previous season's figure by 3.6 million tons. This adjustment is due to the expected reduction in the production of spring cereals due to dry and hot weather in the...
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A sharp speculative increase in quotations for palm and soybean oil continues on the stock exchanges
19.06.2023
A speculative rally in the soybean complex on the Chicago Stock Exchange, fueled by forecasts of hot and dry weather in the US soybean-growing regions in June, weighed on nearby canola and palm oil markets, which also started to rally. Last week on the Chicago Stock Exchange, the number of November soybean contracts increased by 11%, and November soybean futures rose 3.8% to $493.2/t (+11.4% for the week) on Friday. while July soybean oil futures rose 4.5% to $1,288/t (+7.3% for...
