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From April 1, Ukrzaliznytsia will introduce new coefficients for the empty mileage of its wagons on railway tracks of Ukraine, which will reduce the cost of grain transportation in the second half of the season.   By reducing prices, the company is trying to return the volume of transportation that was reoriented to motor vehicles. However, due to the significant increase in the cost of railway transportation, many participants in the agricultural market have purchased their own...

During the 31st week of operation of the "grain corridor" (February 27 - March 5), 1.0216 million tons of agricultural products were exported through the sea ports of Odesa, which is 94% more than the figure of the previous week. More than 70% of this volume was corn, 20% - wheat and 4% sunflower meal. The number of loaded ships increased by 6 to 20 units, which indicates the complexity of the grain corridor. Ukrainian agricultural products went to China, Turkey, Japan, Portugal,...

China, which is the world's largest importer of soybeans, purchased record volumes of oilseeds in the first two months of 2023.   Importers bought U.S. soybeans in anticipation of a pick-up in demand and concerns over a delayed harvest in Brazil.   This, along with lower crop forecasts in Argentina, supported the Chicago Stock Exchange, but weak soybean sales from Brazil amid a record crop could topple prices if exports pick up, so traders will be closely watching...

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 2667 180 Mustard seeds 60000 1240 Peas 8253 ↓ 56 275 ↓ 11 Buckwheat 111 Rye 6000 188 ↓ 12 Rye grade...

According to Reuters, experts at ABARES raised their forecast for wheat production in Australia, the world's main grain exporter, in FY2022/23 to a record 39.2 million tons. The agency's previous December estimate was 36.6 million tons, which would also be a record.   The increase in the forecast brings the agency's data closer to market estimates, according to which the harvest may exceed 40 million tons, as rains caused by the La Niño climate phenomenon have...

Forecasts of an increase in the area of wheat sowing in the USA and Canada against the background of negotiations on the continuation of the grain corridor from Ukraine increase the pressure on stock market quotations for wheat.   Wheat prices fell 1-2.4% yesterday, with wheat futures in Chicago and Kansas falling to their lowest since September 2021, including: by 2% or $4.96/t to $255.5/t - May futures for soft winter SRW wheat in Chicago (0% for the week); by 2.4% or...

Natural gas prices on the London ICE exchange fell more than 6% on Monday to $450/thousand cubic meters, falling to this level for the first time since July 2021. The reason for this was an unusually warm winter in the United States and Europe, as well as significant inventories gas in storage at the end of the season, when consumption decreases. Following gas prices, the prices of nitrogen fertilizers are falling, which will help reduce the cost of grain and food in the new...

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 2667 180 Mustard seeds 60000 1240 Peas 7464 275 ↓ 11 Buckwheat 111 Rye 6000 188 ↓ 12...