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EU rapeseed prices fall as canola supplies from Canada and Australia increase
25.11.2022
As of November 17, compared to the previous season, EU countries increased their import of rapeseed by 38% from 1.833 to 2.612 million tons, of which 66.4% or 1.736 million tons were delivered from Ukraine, 25.3% or 660 thousand tons - from Australia and only 4.1% or 107 thousand tons from Canada, since Canadian canola is more expensive than Ukrainian and Australian rapeseed. Against this background, quotations for rape on the stock exchange in Paris during November fell by...
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The weather in Argentina is not favorable for sowing, and in Ukraine - for harvesting corn
25.11.2022
Drought in Argentina has halved wheat production this year and continues to negatively impact soybean and corn crops. At the end of the second decade of November, soybeans in Argentina were planted on 12% of the area, and corn - on 32% of the area, compared to 28.7% and 48% last year, respectively. We will remind that soybeans are sown in Argentina mainly in November, but this year the work was delayed by drought, and only after the rains last week, farmers intensified sowing. Given that...
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Purchase prices for grains in Ukraine on November 25, 2022
25.11.2022
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 157 ↓ 1 Mustard seeds 65000 Peas 4103 9000 Coriander 35000 Corn 7250 5694 ↓ 34 5161 200 224 ↓ 2 250...
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After the extension of the grain agreement, transportation rates began to rise
24.11.2022
After the decision to continue the operation of the grain corridor, rates for rail and road transportation to the ports began to rise, but the reduction in the volume of transportation in the current and next season may limit the "appetite" of carriers. At the beginning of November, due to uncertainty regarding the fate of the grain agreement, traders increased grain supplies towards the western borders. As a result, as of 11/17/22, the queue of wagons loaded with grain...
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Purchase prices for soybeans in Ukraine are beginning to fall
24.11.2022
Regular missile attacks on the Ukrainian energy infrastructure by Russia, recognized as a sponsor of terrorism, but in fact a terrorist country, complicate the work of processing enterprises, which shortens their working hours. Soybean processing is very unstable, especially given the low rate of export of processing products, mainly through the western borders. The shutdown reduces demand for soybeans and lowers prices. In addition, demand prices for soybeans from European buyers...
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Purchase prices for grains in Ukraine on November 24, 2022
24.11.2022
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 158 Mustard seeds 65000 1190 Peas 4103 9000 290 Rye 220 Coriander 35000 Corn 7250 5728 5161 ↓...
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Sunflower prices in Ukraine are increasing against the backdrop of increased export of seeds and processed products
23.11.2022
The invigoration of ships entering the Black Sea ports and the pace of sunflower exports are forcing processors to step up purchases and raise prices, given the shortage of offers from farmers. The Joint Coordination Center reports that as of November 22, 76 ships are waiting for permission to enter the ports of Ukraine through the grain corridor (although at the beginning of the month there were 175), and another 33 loaded ships are being prepared for inspection in Turkish...
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The Egyptian GASC purchased 65.8 thousand tons of vegetable oils at a reduced price
23.11.2022
The state-owned Egyptian operator GASC yesterday held a tender for the purchase of 40,000 tons of vegetable oils for delivery on January 10-31, 2023, where, thanks to the drop in world prices, it purchased 65,750 tons of oil at a much lower price than in previous auctions. At the tender, where it was planned to purchase 30 thousand tons of soybean oil and 10 thousand tons of sunflower oil, 7 applications were submitted for the supply of sunflower oil in batches of 5.75-15 thousand...