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Wheat prices fall despite a downgrade in the USDA's global production forecast
12.12.2022
In the December supply and demand balance sheet, USDA experts lowered their forecasts for wheat production, consumption and stocks, but prices continued to fall amid general pessimism in commodity markets. In comparison with the November estimates, the new wheat balance for 2022/23 MR underwent the following changes: The global production forecast was reduced by 2.1 million tons to 780.6 million tons (779.3 million tons in 2021/22 FY and 775.72 million tons in...
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Purchase prices for grains in Ukraine on December 12, 2022
12.12.2022
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, $ DAF, $ CIF, $ Wheat mill offals 3200 ↑ 100 160 Mustard seeds 65000 Peas 5927 Coriander 35000 Corn 7288 ↑ 21 6516 ↓ 51 4500 5278 ↑ 25 202...
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Weather in Argentina remains unfavorable for soybean and corn crops, while rainfall is sufficient in Brazil
09.12.2022
This week Argentina experienced heat of 30-35 ° C with little rain, adding stress to early crops and preventing the completion of soybean and corn plantings. During the weekend, new showers will pass in the country (mainly in the north), and the temperature will drop to 25-30 o C, and the amount of precipitation will decrease next week, which will further worsen the conditions for sowing and crop development. As of December 7, 37.1% of the planned 16.7 million hectares were...
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High rates of export of oilseeds from Ukraine support purchase prices
09.12.2022
Interruptions in energy supply hinder the work of industrial enterprises of Ukraine, in particular, SEZs and port infrastructure, as a result of which oil crops are sent for export, and not for processing. The active export of grain and processed products in September and October through the grain corridors slowed down significantly in November and December against the background of artificial delays in the inspection of vessels by Russian inspectors as part of the SCC, so traders are...
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Purchase prices for grains in Ukraine on December 9, 2022
09.12.2022
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, $ DAF, $ CIF, $ Wheat mill offals 3100 160 Mustard seeds 65000 Peas 5927 Coriander 35000 Corn 7350 6539 4500 5253 202 ↑ 2 192 ↓ 12 226 ↑ 4...
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Oil prices fell 12% for the week amid falling demand and rising inventories
08.12.2022
Analysts had expected the EU and G7 to cap Russian oil at $60/barrel to support oil prices, especially given OPEC's refusal to increase production quotas, but the market responded with an 11% drop and an overall decline of week by 12-13%. February Brent oil futures on the London ICE exchange fell 10.9% to $77.2/barrel from Monday, 12.7% for the week, and 21.7% for the month. January WTI oil futures fell 11% to $72/barrel from Monday, 11.8% for the week, and 22.2% for the month,...
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Soybean prices remain under pressure from delayed plantings in Argentina and lower canola prices
08.12.2022
Soybeans on the Chicago Stock Exchange, after falling 2.8% at the end of last week, began to rise on Monday, despite the decline in global oil prices, which pressured the quotations of soybean and palm oil and canola. Heat of 30-35 °C in Argentina against the backdrop of a lack of rainfall delays sowing and worsens the condition of early crops, which supports prices. In Ukraine, due to new missile attacks, interruptions in energy supply continue, and the work of some processing...
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Purchase prices for grains in Ukraine on December 8, 2022
08.12.2022
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, $ DAF, $ CIF, $ Wheat mill offals 3100 160 Mustard seeds 65000 Peas 5552 Coriander 35000 Corn 7350 ↓ 50 6631 ↑ 42 4500 5253 203 ↑ 3 192 ↓...