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Last week, oil prices fell to almost the level of early April, from which a sharp rise began after OPEC's decision to cut production. The reason for the fall was the strengthening of the dollar and good macroeconomic news from the USA. Traders expect a recession in the global economy and do not expect an increase in oil consumption in the near future, putting pressure on the prices of vegetable oils and corn.   During the week, June futures for Brent oil on the London ICE...

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 2833 Mustard seeds 60000 850 Peas 9750 Rye grade IV 5000 ↓ 600 Corn 7750 ↑ 250 5717 5350 196 ↑ 2 180 228...

Slow snowmelt in the Northern Plains, cold temperatures in the US Corn Belt, and possible drought in central Brazil have been the main factors influencing agricultural markets this week.   The front will bring heavy snowfall and frost to the US Midwest, which could negatively affect winter wheat, soybean and corn crops. Cold and rainy weather will last until the end of April.   In the Central and Southern Plains, there will be showers for a few days, sometimes with snow,...

Egypt's state-owned operator GASC this week held an international tender for the purchase of vegetable oils, where it purchased 35,000 tons of sunflower oil, but refused to buy soybean oil, as its prices were $80/t higher than sunflower oil.   At the tender on April 19, GASC purchased 35 thousand tons of sunflower oil (17 thousand tons from Agric, 12 thousand from Green Suppliers and 6 thousand from TOI Commodities) with delivery from May 25 to June 18, 2023 and immediate payment...

The European Commission announced yesterday that Poland, Hungary, Slovakia, Romania and Bulgaria will not be able to receive the financial aid proposed by the European Commission unless they cancel the restrictions on the import of agricultural products from Ukraine.   Vice-President of the European Commission Valdis Dombrovskis said that "the European Commission took into account the opinions of all participants in the negotiations. In the coming days, political consultations...

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 2833 Mustard seeds 60000 850 Peas 9667 ↓ 83 Rye grade IV 5600 Corn 7500 ↓ 25 5721 ↓ 363 5350 195 ↑ 1 180...

Romania, Slovakia and Hungary have promised not to restrict the transit of Ukrainian agricultural products on their territory, while negotiations regarding their import to the specified countries under the import regime are still ongoing. The Minister of Agricultural Policy of Ukraine, M. Solsky, announced this at an extraordinary meeting of the Coordinating Council at the Ministry.   He also spoke about the main requirements that must be met during the transit of domestic...

At a meeting with the Minister of Defense of Turkey Hulusi Akar, the Vice-Prime Minister of Ukraine O. Kubrakov agreed on the resumption in the next three days of the temporary scheme of registration and inspection of vessels moving along the grain corridor.   The transitional scheme will be as follows: 50% of the ships will be inspected according to the list provided to the SCC by the Ukrainian side, and the other 50% will be the ships that are waiting in line for the longest time...