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Purchase prices for grains in Ukraine on June 13, 2023
13.06.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 4350 ↑ 50 120 Mustard seeds 60000 Rye grade IV 4400 Sugar beet pulp gran 9500 Corn 4833 ↓ 67 ...
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Soybean quotes rose sharply despite a fairly neutral USDA report
12.06.2023
Despite an upbeat soybean balance sheet from the USDA and a good outlook for the new crop in the US, traders increased the number of contracts as their main focus is on the soybean harvest in Argentina. July soybean futures rose 1.7% to $509.1/t on Friday (-0.3% for the month), and November futures rose 1.3% to 442, according to a report on the Chicago Stock Exchange. .5 $/t (-1.6%). In the June report, major adjustments were made to the balance sheet for FY 2022/23, while the...
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USDA experts raised the forecast for corn production in FY 2023/24 to a record level
12.06.2023
In June's 2023/24 corn supply and demand balance sheet, USDA experts again raised estimates for production, consumption, exports and ending stocks, but quotes barely responded, falling only 0.5-1%. In the balance for 2022/23 MR, the production forecast for Brazil has been increased by 2 million tons to 132 million tons, which will exceed the analyst estimate of 130.93 million tons and compensate for the decrease in the forecast for Argentina by 2 million tons to 35 million...
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USDA raised wheat harvest forecast in 2023/24 MR to a record 800 million tons
12.06.2023
In a June report, USDA experts sharply raised their 2023/24 wheat production, consumption and inventory forecasts. Such a "bearish" report could collapse quotations by 3-5%, however, due to a large discrepancy with analysts' estimates, prices almost did not change. In two months, quotes have fallen 6-8% to their lowest levels since 2021, and US crop forecasts remain at 2021 and 2022 levels. Compared to the May estimates, the wheat balance for 2023/24 MR underwent the...
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Purchase prices for grains in Ukraine on June 12, 2023
12.06.2023
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 EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 4300 135 200 Mustard seeds 60000 Sugar beet pulp gran 9500 Corn 4900 4415 ↓ 300 170 ↓ 2 180 196 Sunflower oil cake 6800 ...
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What are the prospects for the Ukrainian rapeseed harvest in the new season?
09.06.2023
The approach of the new season, the unstable operation of the grain corridor, the continuation of the EU ban on the supply of agricultural products from Ukraine to 5 neighboring countries forces traders to think about the prospects of the Ukrainian rapeseed harvest in 2023/24 MR. In the May report, the experts of the MARS agency increased the forecast of rapeseed yield in Europe in 2023/24 MR from 3.31 to 3.34 t/ha (3.33 t/ha last year) in comparison with the April estimates. It is...
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Wheat prices are rising against the backdrop of reduced crop forecasts in the EU due to a lack of rainfall
09.06.2023
The increase in grain prices on the European exchange, caused by the European Commission's extension of the ban on wheat, rape, corn and sunflower supplies from Ukraine to 5 neighboring EU countries, accelerated against the background of dry and hot weather in France and Germany in recent weeks. Analysts of Refinitiv Commodities Research, due to the long-term deficit of precipitation in most of Europe, compared to previous estimates, reduced the forecast for the production of...
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In the next 7-10 days, precipitation and a decrease in temperatures are expected in the EU, the USA and Ukraine
09.06.2023
After a period of dry and hot weather, in the next 7-10 days, the corn growing regions of the US, the EU and Ukraine will experience rains that will reduce temperatures to normal, which will help the development of spring crops, especially soybeans and corn. In the Midwest of the United States, dry and hot weather prevailed in May, which worsened the condition of soybean and corn crops, but there will be scattered showers in the next few days, which will lower the temperature to...
