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Russian wheat won the tender in Egypt as the cheapest
11.01.2023
Russian wheat remains the cheapest on the world market as sellers are willing to cut prices to boost sales, adding pressure on quotations amid forecasts of a record wheat harvest in Australia. At the January 10 tender, the state-owned Egyptian operator GASC received 6 offers for Russian wheat at a price of $337-345/t C&F and one offer each for French and Romanian wheat at a price of $351.82 and $350.19/t C&F, respectively. As a result of the auction, GASC...
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Purchase prices for grains in Ukraine on January 11, 2023
11.01.2023
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, $ DAF, $ CIF, $ Wheat mill offals 3200 170 Mustard seeds 1240 Peas 4860 9000 265 ↓ 18 Rye 195 ↓ 18 Corn 7550 ↑ 50 5880 ↑ 3 5200 5514 ↑ 79 202...
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Australia's record canola crop and higher production forecasts for the EU are putting pressure on quotes
10.01.2023
January rapeseed prices continued to slide, with February rapeseed futures yesterday in Paris down 2.3% to €564.25/t or $605.4/t, in line with last month's level but down 2 .5% less than the level of last year and 3.5% less than the level at the beginning of the year. Canola is entering the global market from Canada and Australia, putting pressure on prices, especially given the projected increase in planted areas in the EU. According to Oil World forecasts, in 2023 EU...
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Sunflower oil prices remain under pressure from lower palm and soybean oil prices
10.01.2023
The approaching harvest of soybeans in South America increases the pressure on the prices of soybean oil, which remains the most expensive on the world market. However, the quote is supported by the weather and uncertainty with the soybean crop in Argentina, where thanks to the rains in December, 82% of the planned area was planted with soybeans (94% last year and 93% in the 5-year average), and 62% of the crops are in good or satisfactory condition. In addition, sunflower harvest...
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Purchase prices for grains in Ukraine on January 10, 2023
10.01.2023
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, $ DAF, $ CIF, $ Wheat mill offals 3200 170 Mustard seeds 1240 Peas 4860 265 ↓ 18 Rye 195 ↓ 18 Corn 7550 ↑ 50 5877 5200 5465 ↑ 30 202 ↑ 1...
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Active export of soybeans from Ukraine supports purchase prices at a high level
09.01.2023
In the current season, there is an increase in the rate of export of soybeans from Ukraine, since it is much more profitable to export oil crops through the western borders, even despite the high cost of road transportation. In November and December, shipments through the grain corridor picked up, which, against the background of possible problems with the harvest in Argentina, intensified exports through the Black Sea ports of Ukraine. In December, processing...
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Since the beginning of the year, world wheat prices have fallen by 3-6.5% against the background of harvesting in Argentina and Australia
09.01.2023
During the first week of the new year, wheat prices fell by 3-6.5% amid weak demand and harvesting in the Southern Hemisphere. According to the Buenos Aires Grain Exchange BAGE, Argentina is completing the wheat harvest, and as of January 4, 12.3 million tons have been threshed from 99.5% of the area (of the planned 5.42 million hectares) with a yield of 2.3 tons/ha, which corresponds to USDA's forecast of 12.5 million tons, but significantly inferior to last year, when 22.4...
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Purchase prices for grains in Ukraine on January 9, 2023
09.01.2023
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, $ DAF, $ CIF, $ Wheat mill offals 3200 170 Mustard seeds 1240 Peas 4860 265 ↓ 18 Rye 195 ↓ 18 Corn 7550 ↑ 250 5834 5200 5413 ↑ 115 202 ↑ 1...