News

Traders are keeping a close eye on the weather in Argentina, where drought continues to dampen soybean and corn crop potential. A decrease in temperature is forecast for the next week, but the precipitation deficit will remain.   In Argentina this week, isolated showers dropped temperatures from 30 ° C to 25 ° C, but they came too late to significantly affect late-stage corn and soybean crops. Precipitation may increase in the central regions next week, but the heat that...

Following a 12% drop in oil prices since Monday, Malaysian palm oil futures fell to a one-month low yesterday amid a possible US banking crisis, despite a boost in exports.   June palm oil futures on Bursa Malaysia yesterday fell 0.8% to their lowest level since February 15 at 3,935 ringgit/t or $875/t, losing 6.9% for the week and 10.6 for the two weeks %.   The day before, quotations for soybean oil fell by 2.8%, and for palm oil - by 1.1%, on the Chinese stock exchange...

Over the past two months, sunflower oil prices in the Black Sea region have fallen by 15% to a 2.5-year low under the pressure of pessimism in vegetable oil markets and the banking crisis.   According to monitoring data from Agricensus, Ukrainian sunflower oil prices fell on all delivery bases and yesterday fell below the $1,000/t level to $990/t for April delivery on a CIF-Turkey basis and $980/t on a CIF-Varna basis, although recently, European buyers could not compete with Turkish...

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 7630 Buckwheat 111 Corn 6200 7300 5416 ↓ 6 206 ↑ 6 217 ↑ 6 236 ↑ 2 Flax ...

Ukraine, as a candidate for joining the EU, is introducing a national system of food quality and safety control, the State Consumer Service of Ukraine reports.   It will be similar to the RASFF system (Rapid Alert System for Food and Feed) in force in the EU, the main principle of which is to ensure control "from the farm to the table".   The purpose of introducing the new system is to ensure effective monitoring of any risks related to food and feed safety, as...

To ensure the stable operation of the grain corridor, the representatives of Turkey, Ukraine and the UN at the negotiations in Istanbul are making maximum efforts to extend the grain agreement for another 120 days, while the representatives of the Russian Federation agree to an extension of only 60 days.   "During the operation of the grain corridor, more than 24 million tons of grain and other foodstuffs were transported, therefore its continuation is very important. We will...

Oil futures have fallen 12% this week to a 15-month low amid a troubled US banking industry, including a 5% drop yesterday as Credit Suisse shares tumbled 30%.   In the USA, three large banks have already gone bankrupt, including Silicon Valley Bank, which was among the twenty largest banks in the country. And yesterday there was information about the pre-default state of one of the largest Swiss banks, Credit Suisse, whose shares fell by 30% yesterday, due to which the country's...

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 ↑ 250 Mustard seeds 60000 44000 Peas 7630 Buckwheat 111 Corn 6200 7300 5422 ↑ 68 206 ↑ 6 217 ↑ 6 237 ↑ 2...