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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 3075 180 Mustard seeds 60000 Peas 9500 ↑ 2120 100 Coriander 100 Corn 7700 5969 ↑ 260 6000 ↓ 200 5419 ↓ 8...

Drought in Argentina worsens outlook for soybean harvest, but global balance remains stable. USDA experts in an April report lowered the forecast for global production and consumption of soybeans, so the estimate of ending stocks was almost unchanged, although analysts expected them to be significantly reduced.   Compared to the March estimates , the April soybean balance for the 2022/23 MR underwent the following changes:   The estimate of initial reserves was...

USDA's April balance sheet for wheat turned out to be more bearish than analysts expected, as the estimate of ending stocks was significantly lowered due to an increase in the global consumption forecast. However, quotations reacted to the report by falling further.   Compared to the March estimates , the April wheat balance for the 2022/23 MR underwent the following changes:   The estimate of initial reserves was increased by 0.64 mln t to 272.09 mln t (286.33 mln...

USDA's April corn balance was largely unchanged from last year, surprising traders and sending quotes lower. For the US, the balance sheet was also left unchanged, although analysts had expected a cut in the export forecast and an increase in the consumption estimate, as well as an adjustment in ending stocks.   Compared to the March estimates, the April corn balance for the 2022/23 MR underwent the following changes:   The estimate of initial reserves was 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 CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 3075 180 Mustard seeds 60000 Peas 7380 100 Coriander 100 Corn 7700 5709 ↑ 142 6200 5427 194 190 ↓ 5 238 ↑...

During the 36th week of operation of the grain corridor (April 3 - 9), the export of grain from the sea ports of Odesa decreased by 23% compared to the previous week to 655.9 thousand tons, and the number of loaded ships - by 4 to 16 units.   The Russians continue to sabotage inspections of vessels in the queue. Thus, the average daily number of vessel inspections in the 36th week of operation of the grain corridor amounted to 2.3 vessels, while during the entire period of operation...

Wheat futures on world exchanges fell in price during the past week, only on Monday they were supported by data on the state of crops in the USA.   On the eve of the release of the USDA report, traders reduced activity, especially in view of the optimistic forecast of the FAO, in which the world wheat production in 2023/24 MR was estimated at 786 million tons, which would be only 1.3% inferior to the indicator of the current season.   Analysts predict that USDA will leave...

In the second half of the season, trading activity on grain markets traditionally decreases, which leads to lower prices for ship freight and agricultural products. Due to hostilities and blockade of ports by the Russians, the freight cost of ships to Ukrainian ports is 2-3 times higher than to Russian ports, which increases the losses of domestic exporters.   According to the publication USM, the freight rates for shipments by firecrackers decreased for the Black Sea ports - to...