-
Freight rates from the Black Sea ports are decreasing, and those from the Danube ports are increasing
09.10.2023
Constant attacks by the Russians on the Danube ports and the lowering of the water level at the mouth of the Danube due to dry weather have led to an increase in the cost of logistics to and from the Danube ports. During Friday's drone attack, a granary was damaged and 9 trucks were burned in Izmail district. Due to constant attacks and damage to cars in ports or parking lots, drivers refuse to go to the Danube ports, so the cost of grain delivery there from central Ukraine has...
-
Wheat quotes fell slightly on Friday, but overall rose 1.5-4.6% for the week
09.10.2023
Last week, wheat quotes on the US exchanges actively recovered from the previous drop, supported by data on China's new purchase of US wheat. However, the increase in FAO's global production forecast turned prices downward. According to the USDA, China purchased 220,000 tons of red soft winter wheat from the United States, the first major purchase of American wheat since November 2022, when 100,000 tons of wheat were purchased. FAO experts increased the...
-
Purchase prices for corn in Ukraine are falling, despite increased purchases in ports
09.10.2023
Purchase prices for corn in Ukraine are falling on all bases against the background of harvesting the new crop. As of October 6, 2.585 million tons of corn were threshed from 414 thousand hectares or 10% of the area with a yield of 6.25 tons/ha. As a result of the September heat and lack of precipitation this year, corn has a fairly low moisture content and does not need drying, which will reduce farmers' expenses. The pace of corn exports is inferior to last year....
-
Purchase prices for grains in Ukraine on October 9, 2023
09.10.2023
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, $ DAF, $ CIF, $ Wheat mill offals 1500 Mustard seeds 651 Peas 7400 265 ↑ 14 Corn 4375 ↑ 275 4246 ↑ 75 209 ↑ 5 Flax 430 Soybeen cake 12000 7174 ↑ 1365...
-
Acceleration of harvesting and falling oil prices are putting pressure on vegetable oil quotes
06.10.2023
The drop in oil prices this week by 5-5.9% immediately led to a drop in stock market quotations for palm and soybean oil. December soybean oil futures on the Chicago Stock Exchange fell 3.8% to $1,218/t from Monday (-13% for the month, -5.4% for the year) against the background of a good pace of soybean harvesting, an increase in new crop offers and improved crop forecasts due to favorable weather in September. According to forecasts, in 2023 the soybean harvest in the USA will...
-
Ukraine is increasing its exports through the Black Sea ports, but the main volumes are currently being shipped to the Danube ports
06.10.2023
In September, Ukraine exported 2.4 million tons of agricultural products by sea and river transport, 99% of which passed through Danube ports, Spike Brokers reports on its Telegram channel. The fleet's shortage of offers for grain deliveries via the new sea corridor keeps freight rates at a high level, in particular, for "handy" freight from the Black Sea to Spain, the rate is $60-65/t. At the same time, the value of the river fleet decreased after the start of the...
-
Dry weather in Ukraine, Australia and Argentina will affect agricultural markets in the near future
06.10.2023
In the main countries - exporters of grain and oil crops, the drought is intensifying, which threatens to reduce the harvest potential, in particular in Australia and Argentina in 2023/24 MY and in Ukraine in 2024/25 MY. According to the Ukrhydrometeocetr, there were no significant precipitations in most territories of Ukraine for 40-55 days, so the soil drought intensified against the background of higher than normal temperatures. In September, the optimal terms for sowing winter...
-
Purchase prices for grains in Ukraine on October 6, 2023
06.10.2023
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 1500 Mustard seeds 650 Peas 7300 265 ↑ 14 Corn 4100 4246 212 ↑ 8 Flax 430 Soybeen cake 12000 ...
