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Since the beginning of 2023, China has increased its corn imports, which has added optimism to Ukrainian and American exporters, who are suffering from a decrease in global demand and prices.   According to the customs service of the People's Republic of China, in February, compared to January, the import of corn grew by 41% to 3.1 million tons, and in the first two months of the new year, in total, it amounted to 5.3 million tons, which is 14% higher than the corresponding...

Soybean prices in China fell sharply this week and WTO futures fell to a 5-year low amid increased soybean sales from Brazil and reduced demand for near-term supplies.   According to Platts, part of S&P Global Commodity Insights, China soybean prices fell 23% (-37% for the week) during March 17 alone and traded at a premium of just $28/t to May SWOT futures , which yesterday rose by 0.9% to $546/t (-4% for the month). At the same time, Brazilian soybeans fell in price by 3.4% for...

The 15% drop in global oil prices since the beginning of March and the decline in demand for vegetable oils, which led to a sharp drop in their prices, continues, which continues to put pressure on soybean, canola and palm oil quotes.   Rape quotes on the Paris exchange fell 3.2% yesterday to the lowest level since August 2021 at €453.75/t or $486/t (-22.8% month-to-month, -60% year-to-date) on against the backdrop of reduced demand and increased supply from Canada and Australia...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2850 ↑ 300 Mustard seeds 60000 44000 Peas 8253 Buckwheat 111 Corn 7500 6311 ↓ 189 7300 6049...

According to Mintec Analytics, for the first time in 25 years, EU rapeseed oil has become cheaper than palm oil, which is usually the lowest priced of the four main oils (rapeseed, sunflower, soybean and palm) and serves as a benchmark for market participants. Thus, as of March 16, rapeseed oil prices fell to the lowest level since January 2021 - €929.5/t FOB Rotterdam, while the price of crude palm oil was €951/t CIF Rotterdam.   The reason was oversaturation of the EU...

In the current season, EU countries have sharply increased the import of rapeseed and sunflower seeds, the main batches of which are supplied by Ukraine. This is reported by APC-Inform with reference to the data of experts of the European Commission.   Thus, in the 2022/23 FY as of March 12, compared to the same period of the previous season, the European Union increased the import of rapeseed by 57% from 3.6 to 5.7 million tons, of which 2.86 million tons or 50% of the total import...

On Saturday, Ukrainian officials announced that the operation of the Black Sea Grain Corridor will be extended for another 120 days, while the UN confirmed the extension of the agreement without specifying the terms, Turkey has not yet provided official comments, and the Russian Federation insists on extending the agreement for only 60 days.   "The Black Sea Grain Initiative, signed on July 22, 2022 in Istanbul to ensure safe shipping for the export of grain and its processing...

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 2550 Mustard seeds 60000 44000 Peas 8253 ↑ 623 Buckwheat 111 Corn 6500 7300 5532 ↑ 7 206 ↑ 6 202 ↓ 3 236 ↑ 3...