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The poor condition of wheat crops in the US supports stock market quotations
05.04.2023
The global wheat market remains under pressure from a strong supply, but traders are increasingly worried about production forecasts for the new season. Against the background of the expected decrease in the harvest in Ukraine and the Russian Federation, experts are monitoring the state of crops and production estimates in the USA and the EU, which are the main world exporters of wheat, and will determine the dynamics of world prices in the next season. Yesterday, USDA's NASS...
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Purchase prices for grains in Ukraine on April 5, 2023
05.04.2023
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 2967 Mustard seeds 44000 Peas 7380 100 Coriander 100 Corn 7750 5967 ↑ 110 7300 5182 199 ↑ 4 190 ↓ 9 226...
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Rising palm and soybean oil prices have not yet increased demand for sunflower oil
04.04.2023
After the collapse of sunflower prices in Ukraine by 25-30% in a month, producers practically stopped sales. And processors are currently suffering from low export demand for sunflower oil, even though its prices are much lower than soybean oil, and sometimes even palm oil. Rising oil prices, driven by a surprise decision by Saudi Arabia and other OPEC+ countries to sharply cut production, have boosted soybean and palm oil prices, but have so far failed to support sunflower oil...
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In March, Ukraine exported the largest monthly volume of grain during the war
04.04.2023
According to the Ministry of Agriculture, Ukraine exported 5.34 million tons of grain in March, which was 150,000 tons higher than in February 2023 and became the largest monthly export volume during the hot phase of the war since February 2022. However, the total export of grain in 2022/23 MR it is 17% lower than last year's pace and amounts to 37.4 million tons. We will remind that in March 2022, grain exports were paralyzed and amounted to only 200,000 tons. The main factor...
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Global soybean prices are gradually recovering and are up 6% for the week
04.04.2023
Soybean prices rallied last week amid delayed harvests and exports from Brazil, pessimistic estimates of U.S. soybean stocks and acreage and speculative buying after a sharp decline. During the week, May soybean futures rose 6.3% to last month's level of $560/t (+7% y-o-y), almost offsetting declines over the previous three weeks. According to the AgRural agency, as of March 30 soybeans in Brazil have been harvested on 76% of the area (81% last year), as prolonged...
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Purchase prices for grains in Ukraine on April 4, 2023
04.04.2023
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 2967 Mustard seeds 60000 44000 Peas 7380 100 Buckwheat 111 Coriander 100 Corn 7750 5857 7300 5195...
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Barley prices in France fell ahead of talks between China and Australia
03.04.2023
French barley prices on Euronext fell sharply against flour wheat futures as China halted purchases ahead of a World Trade Organization (WTO) meeting where shipments of barley from Australia to China may be allowed, Agricensus reports. On Friday, futures for the new crop on SRT-Rouen traded at a discount of 14-15 €/t compared to the December wheat contracts, having lost 12 €/t for the day. The last contract for new crop barley for delivery in July-August on CFR - China...
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Oil rose in price by 5% against the backdrop of OPEC+'s decision to cut production
03.04.2023
The OPEC+ countries have already announced a reduction in oil production by approximately 1.15 million barrels/day since May in order to stabilize prices on the market, although a few days before the cartel meeting, neither the media nor analysts saw any signs of future changes. So, Saudi Arabia will reduce production by 500,000 barrels/day, Kuwait – by 128,000 barrels/day, Oman – by 40,000 barrels/day, Algeria – by 48,000 barrels/day, Kazakhstan – by 78,000...