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The Algerian state grain agency OAIC held an international tender on June 17 to purchase at least 50,000 tons of milling wheat of any origin. According to estimates by European traders, the actual purchase volume was about 800-870,000 tons at a price of $264-265/ton on a C&F basis.   Market participants believe that the bulk of the purchased wheat will be supplied from the countries of the Black Sea region, in particular from Romania, Bulgaria, Ukraine or...

Taiwanese group MFIG purchased 65,000 tons of feed corn of Brazilian origin from CJ International in an international tender on June 17, Reuters reported.   The purchase price was the value of the December CBOT corn futures contract plus a premium of 220.44 cents per bushel, equivalent to approximately $262/ton on a C&F basis.   According to the terms of the tender, the grain should be delivered between August 14 and September 2 or between August 29 and September 17,...

The global wheat market reacted cautiously to news of a preliminary peace deal between the US and Iran and the prospect of opening the Strait of Hormuz. According to market participants, the main impact of the agreements may be a decrease in the cost of sea transportation, while the direct impact on wheat prices will be limited. This was reported by S&P Global Platts.   Traders in the Black Sea region, Australia and North America say that the key factors for the market in the...

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 FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat mill offals6100 ↓ 100Mustard seeds35000Peas11300Coriander32000Corn10975 ↑ 259573218214Chickpea24000Rape-seed oil5900010501240Wheat grade II110039410218Wheat grade III10839 ↑ 794588500 ↑...

The Ukrainian soybean market remains relatively stable, thanks to strong demand from processors, which has supported high domestic prices for the past three months. At the same time, the export segment continues to be under pressure due to the increasing supply of soybeans and soybean meal from South America.   Purchase prices for GMO soybeans in Ukraine have increased to 22,000–23,000 UAH/t or 430–440 $/t excluding VAT with delivery to the factory. Prices for non-GMO...

At the end of the season, the barley market in Ukraine remains under pressure from low export demand, significant carryover stocks, and subdued buyer interest in the new crop. Barley is the one that shows the largest price decline among the major grain crops.   One of the key factors in the decline in demand was the complexity of logistics due to shipping restrictions in the Persian Gulf region. Traditional buyers of Ukrainian barley in the Middle East significantly reduced...

The achievement of an interim agreement between the United States and Iran to end the military conflict that lasted several months, as well as the prospects for the full restoration of shipping through the Strait of Hormuz, could lead to a significant increase in grain imports by the Persian Gulf countries. After a long period of using longer and more expensive logistics routes, the region may return to its usual supply patterns. This is reported by Bloomberg.   The Gulf countries...

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 FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat mill offals6100 ↓ 100Mustard seeds35000Peas11300Coriander32000Corn109509573220214Chickpea24000Rape-seed oil1240Wheat grade II110039410218Wheat grade III1083294588500 ↑ 167208Wheat grade...