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The European Commission requires the Eastern EU countries to comply with trade issues and offers them financial assistance
20.04.2023
The head of the European Commission, Ursula Von der Leyen, proposed a program to help farmers of eastern EU countries in the amount of 100 million euros in exchange for the lifting of the ban on the import of grain from Ukraine and demanded compliance with the unity of European countries in matters of trade. In the statement of the European Commission published yesterday, it is said that the most affected farmers have already been allocated aid and a new support program is being...
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Purchase prices for grains in Ukraine on April 20, 2023
20.04.2023
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 2750 ↓ 150 Mustard seeds 60000 850 Peas 9500 Corn 7525 6084 ↑ 39 5350 ↓ 32 195 ↑ 1 185 ↓ 6 226 ↑ 4 rapeseed cake ...
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Palm oil rose in price by 4% due to the blocking of sunflower oil supplies from Ukraine
19.04.2023
Palm oil futures rose more than 4% yesterday, the biggest daily gain since December, after last week's 6.9% drop. The reason was forecasts of a reduction in supplies of sunflower oil from Ukraine and soybean oil from Argentina. July palm oil futures on Bursa Malaysia rose 4.1% to 3,787 ringgit/t, or $855/t yesterday, but remained 4.7% cheaper than two weeks ago. Prices support traders' fears of the closure of the Black Sea Grain Corridor after May 18, which...
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Soybean and soybean oil prices are rising amid another cut in Argentina's crop forecasts
19.04.2023
The USDA representative in Argentina lowered the 2022/23 soybean production forecast to 23.9 million tonnes, which would be a 24-year low, as yields will be the lowest in 50 years. The import forecast was raised to 11 million tons, but the processing forecast was lowered to 29.5 million tons. We will remind that in the April USDA report, soybean production was estimated at 27 million tons, so the balance will worsen again in May. According to the Grain Exchange of Buenos Aires, as...
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The work of the grain corridor was resumed, but traders stopped purchases
19.04.2023
The situation with the work of the grain corridor is becoming more and more difficult: the Russians periodically block the inspections of vessels without any reason. So, on April 11, inspections of ships were not carried out at all, and then the same situation was repeated on April 17. According to the Ukrainian Club of Agrarian Business (UKAB), during April 10-16 (the 37th week of operation of the grain corridor), the number of ships loaded in the sea ports of Odesa decreased by 2...
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Purchase prices for grains in Ukraine on April 19, 2023
19.04.2023
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 3067 Mustard seeds 60000 850 Peas 9500 Corn 7525 5969 6000 5394 195 ↑ 1 188 ↓ 3 226 ↑ 4 rapeseed cake 240 ...
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Wheat prices are rising against the backdrop of the blocking of exports from Ukraine by the grain corridor and EU countries
18.04.2023
Wheat quotations on world exchanges started the week with a 2-2.5% increase on the news about the Russian blocking of the grain corridor and the ban by the third EU country on the export of agricultural products from Ukraine. After protests by local farmers, Poland, Slovakia and Hungary have banned the export of grain from Ukraine until June 30, although the European Commission opposes steps that contradict EU decisions, so the issue will be discussed in Brussels in a few...
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The work of the "grain corridor" is again blocked by the Russians
18.04.2023
According to the Ministry of Development of Communities, Territories and Infrastructure of Ukraine, on April 17, the Russian delegation as part of the SCC again blocked the inspection of vessels in the territorial waters of Turkey. "Since April 10, representatives of the Russian Federation unilaterally stopped the registration of vessels indicated by Ukrainian ports when forming the inspection plan, and began to independently select vessels in the queue, which contradicts the...
