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Negotiations on the grain corridor will be held on May 5, but there is no hope of their success
04.05.2023
The deputy defense ministers of Ukraine, Turkey and the Russian Federation will meet in Istanbul on May 5 to discuss the "grain agreement", Turkish Defense Minister Hulusi Akar announced. He said that "a number of issues will be discussed at the meeting, including the grain initiative. Turkey hopes to continue the agreement, as it is very important for peace and stability in the region. We see that the parties are inclined to continue the agreement, and we wish that...
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Wheat prices rose sharply by 3.9-6% after falling to a 2-year low
04.05.2023
After falling on Tuesday to a 2-year low yesterday, wheat quotations on the US exchanges rose by 3.6-7% on the data of the crop tour in Oklahoma and the information about the possible reduction of exports from the Black Sea region after the end of the grain agreement. The wheat crop tour, currently underway in Oklahoma and scheduled for May 15-18 in Kansas, will provide new information on the condition of the crop, although good rainfall is expected there in the coming...
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Purchase prices for grains in Ukraine on May 4, 2023
04.05.2023
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 ↓ 125 Mustard seeds 60000 925 ↓ 50 Peas 10000 Rye grade IV 5000 Sugar beet pulp gran ...
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Exports of soybeans from Ukraine are slowing down due to restrictions on supplies to the EU and increased supply from South America
03.05.2023
Against the backdrop of a decrease in export prices for oil crops, in particular soybeans, the demand for them in Ukraine has significantly decreased, while the demand for rapeseed and sunflower from the EU countries has practically disappeared after import restrictions. According to "APK-Inform", due to reduced demand from Poland, Romania and other EU countries, soybean exports from Ukraine decreased to 160,000 tons in April, while in March it reached the highest level...
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Oil prices fell 5.5% on expectations of reduced demand in China and Fed rate hike
03.05.2023
The US Federal Reserve's intention to raise interest rates 25 basis points above 5% to curb inflation is sending stock and commodity markets into a frenzy, reducing speculative demand and prices for oil and commodities, including grains and oilseeds. In addition, the market is pressured by an unexpected decline in the index of manufacturing activity in China in April, as well as information about the increase in oil exports by Russia, contrary to the statements of the pr....
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Ukraine will reduce wheat and corn exports in 2023/24 FY
03.05.2023
According to estimates of the Ministry of Agrarian Policy of Ukraine, grain exports in the 2023/24 season may drop to 26 million tons as a result of a significant reduction in production due to the invasion of the Russian Federation, said First Deputy Minister T. Vysotskyi. He said that the ministry is leaving the forecast for the grain harvest in 2023 at the level of 44 million tons, despite the unfavorable weather in Ukraine. Rains and low temperatures in April practically...
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Purchase prices for grains in Ukraine on May 3, 2023
03.05.2023
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 2625 Mustard seeds 60000 925 ↓ 50 Peas 10000 Rye grade IV 5000 Corn 4924 5188 ↓ 8 183 ↑ 1 236 ↑ 6...
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Ukraine is reducing the pace of exports against the background of blocking the grain corridor and supplies to the EU
02.05.2023
In April, grain exports from Ukraine decreased compared to March from 5.34 to 3.62 million tons, which still exceeds the 923,000 tons shipped in April 2022, when all Black Sea ports were blocked due to Russian aggression, the ministry reported yesterday of agrarian policy of Ukraine. According to the agency, in 2022/23 FY as of May 1, Ukraine exported 41.6 million tons of grain, including 14.4 million tons of wheat, 24.4 million tons of corn, and 2.5 million tons of barley. For the...
