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Purchase prices for grains in Ukraine on June 5, 2023
05.06.2023
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 4200 135 200 Mustard seeds 60000 Peas 10000 229 Sugar beet pulp gran 9500 Corn 4900 4975 ↑ 2 170 180 160 196 ↓ 1...
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Ukraine enters the new season with insignificant transitional stocks, while the harvest will be quite low
02.06.2023
At the Grain Ukraine-2023 conference, Deputy Minister of Agricultural Policy Taras Vysotskyi said that at the beginning of the 2023/24 fiscal year, transitional stocks of agricultural products in Ukraine will amount to 5 million tons, which will correspond to the pre-war average statistics, while last year, on July 1, stocks amounted to 22 million tons due to the blocking of exports from Black Sea ports. He added that Ukraine insists on the need to ensure the free movement of...
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The grain corridor is blocked again, and the US representative to NATO calls on the G7 countries to unblock Ukrainian ports
02.06.2023
On May 30-31, the Russians let through the grain corridor only 1 ship, and on June 1 - none, so the work is blocked again. Therefore, Ukraine appealed to the Secretariat of the Joint Control Commission with a demand to resume the inspection of vessels. Blocking the ports of Ukraine, the Russian Federation demands new concessions for the functioning of the grain agreement, therefore the world community must put an end to this blackmail. Permanent representative of the...
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Despite the drop in prices, the rate of sunflower oil exports from Ukraine remains high
02.06.2023
According to Shareuapotential, Ukraine exported 453,000 tons of sunflower oil in May, which is 91,000 tons lower than this year's record April figure, and in general, in 2022/23 MR, oil exports reached 4.2 million tons (3.6 million tons for this last year's date). Turkey remained the main buyer of domestic oil in May. Despite the interruption in the work of the grain corridor, the rate of oil exports is very high and actually exceeds forecasts. Previously, the export of...
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Purchase prices for grains in Ukraine on June 2, 2023
02.06.2023
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 4200 135 200 Mustard seeds 60000 Peas 10000 229 Sugar beet pulp gran 9500 Corn 4900 4970 ↑ 2 171 ↓ 1 180 160 196 ↓ 1...
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Corn prices remain under pressure from the completion of planting and heat in the US and rain in Brazil
01.06.2023
Rainfall in central Brazil, improving prospects for a second corn crop, and high US planting rates add pressure on quotes, but they are supported by hot, rainless weather in the US corn belt. Safras&Mercado experts, against the background of favorable weather, increased the forecast of corn production in 2022/23 MR by 6.7 million tons to 137 million tons (120.2 million tons in 2021/22 MR), in particular, safrina corn - by 5, 6 million tons to 97.8 million tons (84.4 million...
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Soybean demand in China to decline in Q3 amid lower meal prices and processing margins
01.06.2023
Against the background of declining demand and prices for soybean meal, and as a result, processing margins, Chinese processors may reduce demand for soybeans in the 3rd quarter of 2023. According to S&P Global Platts, for the week of May 22-28, soybean processing margins fell by $10.67/t, or 64%, to minus $12.43/t due to lower sales of soybean meal and on forecasts of increased production in June. In April, China cut its soybean imports by 10% compared to April...
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Rabobank experts predict a 20-25% decline in wheat, barley and rapeseed harvests in Australia
01.06.2023
According to Rabobank's forecast, in FY2023/24, Australia will increase the area of winter crops by 0.3% to 23.48 million hectares compared to the previous year, which will exceed the 5-year average by 5%. However, the harvest will be lower than last year due to the drought caused by the El Niño phenomenon. After three years of good conditions with plenty of rainfall as the country reaped near-record crops of grains and oilseeds, this year's season began with drier...
