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To stop the export of grain from Ukraine, the Russian Federation delays the passage of ships to ports and attacks energy facilities in Odesa
27.01.2023
Against the background of failures on the battlefield, the Russian Federation continues to block the export of grain from Ukraine in order to cause maximum economic losses. On the morning of January 26, missiles were fired at the energy infrastructure of Ukraine. Air defense forces managed to shoot down 47 of the 55 missiles fired, but several energy facilities in Odesa, Vinnytsia and Kyiv regions were damaged. Emergency power outages occurred in Odesa after the missile attack, and...
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Rains in Argentina and Brazil are now the main factors affecting agricultural markets
27.01.2023
Heavy rainfall in Argentina at the end of last week partially reduced the impact of the drought on soybean and corn crops. Another wave of rain is forecast this week, and traders are awaiting its results. Global markets reacted to the improved weather in Argentina by lowering soybean and corn prices, but the biggest impact of weather factors on prices will be seen in February and March, when Brazil will finish harvesting first-crop soybeans and corn, and Argentina will begin...
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Purchase prices for grains in Ukraine on January 27, 2023
27.01.2023
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 3200 Mustard seeds 1240 Peas 4860 8050 265 ↓ 18 Buckwheat 111 Rye 195 ↓ 18 Corn...
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The increase in the import of corn to the EU reduces its prices in Ukraine
26.01.2023
USDA experts predicted that due to a decrease in corn production in 2022/23 compared to the previous season from 71 to 54.2 million tons, EU countries will increase its import to 21.5 million tons (19.8 million tons in 2021/22 and 14.5 million tons in 2020/21 MR). However, the pace of deliveries suggests that actual imports will significantly exceed forecasts. According to the European Commission, from July 1, 2022 to January 22, 2023, the import of corn increased by almost two...
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Palm oil prices fell 3.5% amid rising inventories and reduced supplies to India
26.01.2023
On the first day of trading after the long New Year's weekend in Malaysia, palm oil prices fell sharply, as expected, on data about reduced exports from Malaysia and Indonesia and higher inventories in India. April palm oil futures on Bursa Malaysia tumbled 3.6% to 3,753 ringgit/t or $881/t yesterday, the biggest intraday drop in 6 weeks. During January 1-20, compared to the same period in December, Malaysia reduced its export of palm oil by 38.5%, and Indonesia...
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Purchase prices for grains in Ukraine on January 26, 2023
26.01.2023
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 3200 Mustard seeds 1240 Peas 4860 8050 265 ↓ 18 Buckwheat 111 Rye 195 ↓ 18 Corn...
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Speculative growth of soybean prices continues in Ukraine, and Brazil has started harvesting a record harvest
25.01.2023
Against the background of active soybean exports, processors in Ukraine are forced to raise purchase prices in order to purchase the required volumes, however, prices in export markets have stopped rising and have gone down amid reduced demand from importers who are expecting deliveries of the new crop from Brazil. During the week, purchase prices for soybeans with GMOs increased by 300-500 UAH/t to 16,800-17,300 UAH/t ($460-475/t), and for soybeans without GMOs - by 500-1,000...
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Experts expect a decrease in the world barley harvest in 2023, but the demand for barley in Ukraine is almost non-existent
25.01.2023
World barley prices are falling in line with wheat and corn prices, but demand remains low and brewers have ample supplies. The market is in a balance of supply and demand as a strong barley harvest in Australia and France pressures prices, but they are supported by a reduced crop in Argentina, strong demand for barley in Canada and reduced production in Ukraine due to the war. Traders are wondering whether China will lower tariffs on Australian barley amid reduced supplies from...