-
In the new season, Ukraine will be able to export no more than 2 million tons of barley
26.04.2023
In 2022/23 MR, as of April 27, Ukraine exported 2.428 million tons of barley, which is 60% less than the previous season's figure of 5.688 million tons. Almost 43% of this volume, or 989 thousand tons, was shipped through the grain corridor. In April, 152,000 tons of barley were exported (25,000 tons in April 2022), but export rates remain low amid weak demand. The main buyers of Ukrainian barley in the current season were Turkey (535.8 thousand tons), Romania (530.9 thousand...
-
Purchase prices for grains in Ukraine on April 26, 2023
26.04.2023
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 2875 230 Mustard seeds 60000 850 Peas 9750 Rye grade IV 5000 Corn 7750 5717 5353 ↓ 63 195 ↑ 1 180 229 ↑...
-
In 2023, the EU will reduce the area of corn sowing due to difficult weather and strong competition
25.04.2023
Some European analysts believe that EU farmers started planting corn too late in 2023, so the area planted will decrease. The European Commission predicts that 8.52 million hectares will be sown with corn, which will be 330,000 hectares less than the 2022 figure and 725,000 hectares less than the 2021 level. Germany, France, Italy, Bulgaria, Poland and Romania will reduce the area under corn the most. However, in case of favorable weather, the corn harvest may be larger than in the...
-
Sugar prices rose 4% to an 11-year high amid delayed harvesting in Brazil and shrinking crops in India
25.04.2023
Sugar prices accelerated yesterday, with May futures in New York rising 4.2% to an 11-year high of $0.2591/lb or $570/t (+23% on the month) amid a contraction harvest in India, delays in harvesting in Brazil and technical procurement related to the closing of May contracts. Due to the limited supply of sugar available in the physical market, traders are forced to raise prices to cover short positions in the contracts. The reduction in global sugar stocks has recently...
-
Cold rainy weather delays sowing, which will lead to a change in the crop structure
25.04.2023
This year, April in Ukraine was marked not only by a significant amount of precipitation, but also by the almost absence of sunny days without rain, which would allow the soil to dry out at least a little. This creates a significant problem, given the large amount of unfinished spring field work, - reports NAAS of Ukraine. "All over the country there were prolonged precipitations, which amounted to 27.8 mm (146.3% of the average long-term norm) in Kyiv region, 22.3 mm (124%)...
-
Purchase prices for grains in Ukraine on April 25, 2023
25.04.2023
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 2875 ↑ 42 Mustard seeds 60000 850 Peas 9750 Rye grade IV 5000 Corn 7750 5717 5345 196 ↑ 2 180 228 ↑ 3...
-
Ukraine should prepare an alternative to the grain agreement - believes the ambassador of Ukraine to Turkey
24.04.2023
After May 18, Russia may block the operation of the grain corridor, so Ukraine needs to develop alternative grain export routes now, - said Ukrainian Ambassador to Turkey V. Bodnar at a briefing in Ukrinform. "We have to develop alternative export options in case the Russians block the grain agreement again on May 18. Intermediaries do not support Russia's actions, but it is not known whether they will be able to influence the situation, especially given the political...
-
Forecasts of favorable weather and a good harvest lower wheat prices
24.04.2023
Wheat quotes on world exchanges last week fell by 2.6-4.5% on forecasts of improved weather in the US and the EU, as well as new estimates of world wheat production from the IGC for 2023/24 MR. IGC experts left the forecast for the world wheat harvest in FY 2023/24 at the level of 787 million tons (803 million tons in FY 2022/23), as the decrease in the production forecast for the US from 51.4 to 49.4 million tons will be offset by an increase in estimates for the EU from 136.6 to...
