News

Indonesia's Commodity Futures Commission has asked local palm oil exporters to enter into contracts through the local futures exchange. It is planned that the new rules will work by June this year, and Indonesia will receive its own benchmark for palm oil, and its buyers will be guided by the price determined domestically.   Indonesia is the world's largest supplier of palm oil, but most exporters make deals directly with buyers, bypassing the futures exchange. At the same...

According to the Ministry of Agrarian Policy of Ukraine, as of March 2, domestic farmers threshed 54.28 million tons of grain and leguminous crops from 11.3 million hectares or 98% of the planned area with an average yield of 48 tons/ha.   Currently, the harvesting of corn is underway, and as of March 2, 26.9 million tons were collected from 4.02 million hectares or 95% of the area with a yield of 6.69 tons/ha, while a week ago the gross harvest was 26.79 million...

The average value of the food price index, which is determined by FAO experts, has been declining for 11 consecutive months, and in February it decreased by 0.6% compared to January to 129.8 points, which is 18.7% or 29.9 points lower than the peak March 2022   The decrease in the index in February is caused by a sharp drop in the prices of vegetable oils and dairy products, and a slight decrease in the prices of grains and meat, which compensated for the sharp increase in the prices...

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 1240 Peas 7464 275 ↓ 11 Rye 6000 188 ↓ 12 Rye grade II 6000 ...

According to Reuters, in February compared to January, India reduced palm oil imports by 30% to 586,000 tons (which was the lowest figure since June 2022), soybean oil by 3.7% to 340,000 tons, sunflower oil by 3.7% 67% up to 150 thousand tons.   It is worth noting that from October 2022 to January 2023, India actively bought palm oil and built up domestic reserves, but the demand for this oil was insignificant, so in February importers decided to slow down...

Challenging weather conditions in major soybean and corn producing and exporting countries Brazil and Argentina are supporting markets, while wheat prices are falling amid heavy rains in the US wheat-growing regions.   Traders' attention is focused on Argentina, where dry and hot weather prevails. Some rain this week has failed to improve crop conditions, especially given the high temperatures. A new heat wave with little precipitation is expected in the first half of March, so...

The branch of UZ-Cargo "Ukrzaliznytsia", which is engaged in freight transportation, will reduce the fee for using most types of wagons in its rolling stock in March, - reports the press service of UZ.   So, in March, the fee for the daily use of the following wagons will be reduced (without VAT): grain trucks - up to UAH 4,200, mineral trucks for transporting grain - up to UAH 1,707, covered wagons - up to UAH 1,539, fitting platforms - up to UAH...

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 1240 Peas 7505 275 ↓ 11 Rye 6000 188 ↓ 12 Rye grade II 6000 ...