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FAO predicts that in 2023 world wheat production will reach 786 million tons, which will be the second record
11.04.2023
FAO experts increased the forecast of world wheat production in 2022/23 MR by 2 million tons to a record 796.6 million tons, and the estimate of world trade in wheat by 1.6 million tons to 199.4 million tons, compared to February estimates. that world wheat stocks will grow from 293.9 million tons in 2021/22 MY to 309.5 million tons in 2022/23 MY. The forecast for world wheat production in 2023/24 MR has been raised to 786 million tons, which will be the second historical indicator...
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Purchase prices for grains in Ukraine on April 11, 2023
11.04.2023
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 3075 Mustard seeds 60000 Peas 7380 370 Corn 7700 5567 ↓ 368 6200 5427 ↑ 232 197 ↑ 4 191 ↓ 4 223 ↑ 4 rapeseed cake ...
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According to FAO, world food prices fell by 20% for the year
10.04.2023
In March, the average value of the FAO food price index decreased compared to February by 2.1% or 2.8 points to 126.9 points, the organization's press service reports. Prices have been falling for 12 months in a row, after peaking in March 2022. Over the year, the average value of the FAO food price index decreased by 20.5% or 32.8 p. In March, the prices of cereals, vegetable oils and dairy products decreased the most, while the prices of sugar and meat...
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In Ukraine, more than 600,000 hectares have been sown with grain
10.04.2023
According to the Ministry of Agrarian Policy, as of April 6, 620.5 thousand hectares were sown with warm grain and leguminous crops by all categories of farms in the territories controlled by Ukraine, in particular: wheat - 126.7 thousand hectares, barley - 376.6 thousand hectares, peas - 73.1 thousand ha, oats - 41.3 thousand hectares, millet - 0.2 thousand ha. Ternopil Oblast is the leader in sowing, where 112.1 thousand hectares were sown with grain and...
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Ukraine stops exporting agricultural crops to Poland before the start of the new season, but leaves transit
10.04.2023
Before the start of the new season (July 1, 2023), Ukraine will stop exporting to Poland four main agricultural crops - wheat, corn, sunflower and rapeseed. The Minister of Agricultural Policy of Ukraine, M. Solskyi, agreed on this at a meeting with the recently appointed head of the Ministry of Agriculture and Rural Development of Poland, R. Telus, the press service of the Ministry of Agrarian Policy reports. The ministers also agreed that within a week, new rules for the transit...
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Purchase prices for grains in Ukraine on April 10, 2023
10.04.2023
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 3075 Peas 7380 370 Corn 7750 5935 6200 5195 ↑ 18 197 ↑ 4 191 ↓ 4 223 ↑ 4 rapeseed cake 240 300 Soybeen cake ...
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India is increasing its imports of palm oil, while purchases of sunflower oil are minimal
07.04.2023
According to traders, thanks to lower prices for vegetable oils, India in March increased palm oil imports by 28% compared to February from 586,000 tons (which was an 8-month low) to 750,000 tons, but reduced soybean oil imports by 27% to 259 thousand tons and sunflower - by 4% to the 5-month minimum of 150 thousand tons, while in January its import reached 450 thousand tons. In April-May, palm oil imports are expected to decrease due to a narrowing of the spread relative to other...
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The strongest drought in the last 100 years has caused significant damage to Argentina's economy
07.04.2023
Argentina's economy is in a long-term crisis: inflation in 2023 exceeded 100%, and the debt to the IMF is more than 44 billion dollars, so export performance is critically important. According to official forecasts, the harvest of soybeans and wheat this year will decrease by half, and corn - by a third, although these crops provide the main budget revenues and are the leaders of exports. The final extent of the damage will only be known when the harvest begins, but it too will...