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The Egyptian GASC purchased 600,000 tons of Russian wheat at a tender
07.04.2023
The Egyptian GASC purchased 600,000 tons of Russian wheat for delivery on May 10-20 and 21-31 at a tender on April 6 at a price of $293-294/t C&F. The price of Russian wheat on an FOB basis was $275/t, which was $3/t higher than the price of Ukrainian wheat, but the high cost of freight from Black Sea ports made Ukrainian products uncompetitive. At the same time, Romania, Bulgaria and France were also unable to compete with the significant amount of supply from the Russian...
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Purchase prices for grains in Ukraine on April 7, 2023
07.04.2023
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 3033 Mustard seeds 44000 Peas 7380 100 370 Coriander 100 Corn 7700 6087 6200 ↓ 550 5418 ↑ 10 199 ↑ 4 191...
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Despite the delay of ships, the pace of exports from Black Sea ports remains high
06.04.2023
During the 35th week of operation of the grain corridor (March 27 - April 2), the export of grain from the sea ports of Odesa increased by 6% compared to the previous week to 852.4 thousand tons, although the number of loaded ships decreased by 4 to 18 units. The reason was the agreement of the exporters to use ships with a tonnage of more than 35,000 tons for loading in Black Sea ports, as well as an increase in supplies to Asian countries (primarily, China) by ships of 50,000 tons and...
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Rapeseed prices fell by 5.6% under the pressure of forecasts of a good harvest in the new season
06.04.2023
Against the backdrop of a sharp increase in oil prices, rapeseed prices on the European exchange, after reaching a minimum of €430/t on March 22, recovered to €490/t on Monday. Analysts had expected quotes to stabilize at this level, but by Wednesday they had fallen again by 8.2% on forecasts of an increase in the oil harvest in the new season. Yesterday, May rapeseed futures on the Euronext exchange fell by 5.6% to €453/t or $493/t (-19% for the month) against the...
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The increase in the price of sugar to a 6-year high will contribute to the activation of exports from Ukraine
06.04.2023
U.S. raw sugar prices rose to a 6-year high of $22.4/lb amid rising demand for biofuels and reduced sugar production. The decision of the OPEC+ countries, in particular Saudi Arabia and the Russian Federation, to reduce oil production from May until the end of the year led to a sharp increase in quotations, which will stimulate sugar cane producers to sell the harvest not for processing into sugar, but for the production of biodiesel. In addition, Brazil's new government halted...
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Purchase prices for grains in Ukraine on April 6, 2023
06.04.2023
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 3033 Mustard seeds 44000 Peas 7380 100 370 Coriander 100 Corn 7700 ↓ 50 6087 ↑ 132 7300 5169 199 ↑ 4 191...
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In March, the export of sunflower oil from Ukraine amounted to 524,000 tons, which is the largest volume during the war
05.04.2023
According to the Ministry of Agriculture, Ukraine exported 3.2 million tons of sunflower oil in 2022/23 of the USDA forecast for this season of 4 million tons, in particular in March - 524 thousand tons, which was 29% higher than in February (118 thousand tons) and became the largest monthly volume of exports since the beginning of the full-scale invasion. Export of sunflower oil from Ukraine in 2022/23 MR ShareUA potential predicts at the level of 4.5 million tons, while the USDA...
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Experts again increased the forecasts of soybean and corn harvests in Brazil
05.04.2023
In Brazil, the abundant rainfall of the last three months will allow a record harvest of soybeans, and in case of favorable weather in April-June, a record harvest of corn. According to the estimates of the Conab agency, as of April 1, soybeans in Brazil were harvested on 74.5% (81% last year) of the 43.5 million hectares sown, and 96.3% of the planned areas were sown with corn of the second harvest. Thanks to favorable weather in the main producer state of Mato Grosso, the work is...