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The law on special conditions for the export of certain agricultural products entered into force in Ukraine
07.02.2023
On February 5, Law 2881-IX entered into force in Ukraine, which provides for special conditions for the export of certain types of agricultural products. Its purpose is the timely return to Ukraine of foreign exchange earnings from the export of agricultural products. The norms of the law will be implemented in one month from the date of its publication. This document stipulates that during the period of martial law: The government is allowed to introduce the regime...
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Purchase prices for corn in Ukraine are falling due to the shutdown of terminals in the Black Sea ports
07.02.2023
In January, compared to December, Ukraine reduced the export of agricultural products by 24% to 5.5 million tons, in particular, corn - by 27% to 2.6 million tons, wheat - by 19% to 1.3 million tons, as a result of deliberate blocking by Russian inspectors inspection of ships and the lack of energy supply in the Black Sea ports during the last 10 days due to shelling of the energy infrastructure of Odesa. Against this background, the purchase prices for corn in the Black Sea ports...
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In January, Ukraine reduced exports of agricultural products by 24% due to the delay in the inspection of courts by representatives of the Russian Federation
07.02.2023
In January, compared to December, Ukraine reduced the export of agricultural products by 1.3 million tons to 5.5 million tons, in particular, corn - by 700 thousand tons to 2.6 million tons, wheat - by 250 thousand tons to 1.3 million tons, sunflower oil - by 121,000 tons to 347,000 tons. The reason for the decrease in exports was the artificial blocking by Russian inspectors of the grain corridor, which shipped only 3 million tons of products in January. In addition to the three...
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Purchase prices for grains in Ukraine on February 7, 2023
07.02.2023
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 188 ↓ 12...
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Egypt purchased a large batch of Russian wheat, which increased the pressure on world quotations
06.02.2023
The state-owned Egyptian operator GASC purchased at an international tender on February 3 535,000 tons of Russian food flour wheat with shipment from February 26 to March 20 at an average price of $324.18/t C&F, which is 4% lower than at the January 11 auction, when purchased 120,000 tons of Russian food wheat with shipment on February 10-25 at an average price of $337/t C&F. We will remind that GASC purchased 200,000 tons of Russian wheat at the tender on December 29 at a price of...
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Lower pork prices in China will soon increase pressure on soybean meal prices
06.02.2023
The world market of soybeans and soybean meal reacts sensitively to changes in demand from China, the main importer of these products. Therefore, the dynamics of pork production and prices are an important indicator of feed and soybean prices. Domestic hog prices in China fell 17.5% for the month and 43% for the last quarter, soybean meal fell 15% for the quarter, and soybean processing margins approached zero. On the Chicago Stock Exchange, soybean meal last week hit...
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Purchase prices for grains in Ukraine on February 6, 2023
06.02.2023
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 192 ↓ 15...
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Rainfall shortages in Argentina, surpluses in Brazil and frost in the US weigh on crop prices this week
03.02.2023
The main weather factors affecting agricultural markets remain the drought in Argentina and the predicted frost in the US, which could damage weak winter wheat crops. Since Thursday, winter wheat growing regions in the USA have experienced frosts of -17...-20 o C, which can damage crops that are not covered by snow and are in poor condition after a dry autumn. However, the speculative increase in prices was short-lived, as the frost will not last long, and warm weather...