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USDA raised wheat harvest forecasts for Australia and the Russian Federation to record levels
09.02.2023
In the February report, USDA experts finally raised the wheat harvest estimates for Australia and the Russian Federation, and accordingly, the forecasts of world production and ending stocks, which the market expected to see back in December and January. The forecast for the Russian Federation remains lower than the estimates of local agencies and the country's authorities, so in March the forecast of world production and reserves may increase. In comparison with the January...
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USDA balance sheet remains stable despite Argentina soybean crop forecast downgrade
09.02.2023
Drought in Argentina is weighing on the outlook for the soybean crop, and analysts are cutting forecasts, even with recent rains. In the USDA's February balance sheet, Argentina was the main change, but the global balance sheet remained more stable than last year, thanks to an increase in Brazil's harvest and a drop in global demand. Compared to the January estimates, the new balance for soybeans for 2022/23 MR underwent the following changes: The initial...
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The USDA again lowered its forecasts for world corn production, consumption and stocks
09.02.2023
For the seventh month in a row, USDA experts have lowered their forecasts for global corn production, consumption and stocks. However, the market barely reacted to yesterday's report and quotes were unchanged, as the decline in the production forecast for Argentina was in line with analysts' estimates, although it exceeded the data of local agencies. Compared to the January estimates, the new corn balance for the 2022/23 MR has undergone the following...
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Purchase prices for grains in Ukraine on February 9, 2023
09.02.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2500 Mustard seeds 60000 1240 Peas 4860 8050 275 ↓ 11 Buckwheat 111 Rye 6000 188 ↓ 12...
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Ukrzaliznytsia intends to ban the use of private semi-wagons for the transportation of grain
08.02.2023
Association "Ukrainian Club of Agrarian Business" (UKAB) informs that at the meeting of the Export Office, the management of "Ukrzaliznytsia" spoke about the intention to ban the use of private semi-wagons for grain transportation. Presumably, this is an attempt to keep the excessive profitability of services for the use of UZ wagons. Ukrzaliznytsia is trying to keep the rate for the use of its own grain wagons at the level of at least UAH...
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Forward sales of soybeans from Brazil are significantly lower than last year, indicating a drop in global demand
08.02.2023
Much lower than last year, the volumes of forward sales of soybeans from Brazil indicate a reduction in global demand due to a decrease in imports by China. In addition, importers are restraining purchases in anticipation of a seasonal drop in soybean prices from South America, and producers have limited sales in the hope of rising prices, although they remain at a fairly high level. According to the Safras&Mercado agency, forward sales of Brazilian soybeans amounted to 46.72...
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Purchase prices for grains in Ukraine on February 8, 2023
08.02.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2500 Mustard seeds 60000 1240 Peas 4860 8050 275 ↓ 11 Buckwheat 111 Rye 6000 188 ↓ 12...
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The company Translogservice Sp. z o. o. offers delivery to railway stations and warehouses in Germany and the Netherlands
07.02.2023
The company Translogservice Sp. z o. o. is a global provider of transportation, warehousing, logistics solutions and issues for all supply chains. The company offers delivery across EU countries in its trains to railway stations and warehouses in Germany and the Netherlands. Terms of delivery: FOB Szczecin. Delivery is carried out by trains with transshipment to sea vessels weighing up to 10,000 tons with the prospect of an increase to 30,000 tons in 3-4 months. Also in a barge...