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Favorable weather for winter wheat in the USA, Europe and the Black Sea region is putting pressure on quotations
29.12.2022
Temperatures have returned to normal after a hard freeze in the U.S., and showers are expected across much of the Midwest and Great Plains to improve wheat crop conditions. Wheat quotations on world exchanges remain at a low level under the pressure of the unsold crop of Russian wheat, which remains the cheapest on the market. According to the MSG of the Russian Federation, the country harvested 105.7 million tons of wheat in 2022, while the USDA estimated it at 91 million tons....
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Precipitation in the USA and South America will reduce the drought, and in Ukraine, temperatures will exceed the norm by 4-6 oC
29.12.2022
The weather has been generally favorable for crops this week, with warmth returning to the US after a bitter cold spell and rain, albeit light, expected in Argentina. In Ukraine, dry and warm weather will allow to complete the harvesting of corn, 25% of which remains in the fields. Climate change has become a reality today. According to a report by the World Meteorological Organization, the last eight years could be the warmest on record. Thus, the average global temperature in...
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Purchase prices for grains in Ukraine on December 29, 2022
29.12.2022
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 170 Mustard seeds 65000 1240 Peas 5927 290 Rye 220 Coriander 35000 Corn 7317 ↑...
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Sabotage of ship inspections by Russian inspectors limits the increase in corn prices
28.12.2022
According to Ukrinform, another 9 vessels with 390,000 tons of agricultural products for African, Asian and European countries left the ports of Odessa as part of the grain initiative, and another 22 vessels are in the process of loading 860,000 tons of agricultural products. 3 vessels are heading to Ukraine through the grain corridor to load 93,000 tons of products. And there are already 95 vessels in the queue in the Bosphorus, compared to 86 a week ago and 75 two weeks ago, and some have...
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Quotations for palm oil rose by 7% against the background of the easing of quarantine in China
28.12.2022
After a long Christmas weekend, palm oil futures in Malaysia rose 7% to a three-week high yesterday, amid a decision by China (a major oil importer) to ease border controls for travelers. So far, the market is ignoring the data on the sharp increase in the number of cases of covid and the heavy burden on the Chinese medical system. Starting Jan. 8, China will no longer require travelers arriving in the country to undergo quarantine, a major step toward reopening borders that have...
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Purchase prices for grains in Ukraine on December 28, 2022
28.12.2022
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 170 Mustard seeds 65000 1240 Peas 5927 290 Rye 220 Coriander 35000 Corn 7317 ↑...
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Farmers call on Ukrzaliznytsia to reduce transportation tariffs
27.12.2022
The confrontation between farmers and the state railway carrier reached a historic peak. In this incredibly difficult season, agricultural producers are facing three crises: two natural ones - war and bad weather, and one artificial one - the inflated cost of rail transportation. This was discussed at the round table "Agrosector + railway: an open dialogue for the sake of joint survival and development", held in Kyiv the other day by representatives of the agricultural sector and...
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The intensification of the covid pandemic in China will hit soybean demand the hardest
27.12.2022
After the lifting of strict quarantine restrictions in China in the first 20 days of December, 248 million Chinese or 18% of the country's population were infected, in particular, 37 million people were infected on December 20 alone, while until now the peak of infections in the country was 4 million cases/day. This indicates that the pandemic is gaining unprecedented proportions. This spread of the virus was predictable, since three years of strict quarantines, which caused...