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Speculative growth of soybean prices continues in Ukraine, and Brazil has started harvesting a record harvest
25.01.2023
Against the background of active soybean exports, processors in Ukraine are forced to raise purchase prices in order to purchase the required volumes, however, prices in export markets have stopped rising and have gone down amid reduced demand from importers who are expecting deliveries of the new crop from Brazil. During the week, purchase prices for soybeans with GMOs increased by 300-500 UAH/t to 16,800-17,300 UAH/t ($460-475/t), and for soybeans without GMOs - by 500-1,000...
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Experts expect a decrease in the world barley harvest in 2023, but the demand for barley in Ukraine is almost non-existent
25.01.2023
World barley prices are falling in line with wheat and corn prices, but demand remains low and brewers have ample supplies. The market is in a balance of supply and demand as a strong barley harvest in Australia and France pressures prices, but they are supported by a reduced crop in Argentina, strong demand for barley in Canada and reduced production in Ukraine due to the war. Traders are wondering whether China will lower tariffs on Australian barley amid reduced supplies from...
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Purchase prices for grains in Ukraine on January 25, 2023
25.01.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2500 3200 170 Mustard seeds 1240 Peas 4860 8050 265 ↓ 18 Buckwheat 111 Rye 195 ↓ 18...
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Low demand for even cheap palm oil pushes soybean and sunflower oil prices down
24.01.2023
According to AmSpec Agri Malaysia, for January 1-20, compared to the same period in December, Malaysia reduced palm oil exports by 38.5% from 921.8 to 566.5 thousand tons, in particular, the export of crude palm olein - from 327.9 to 99 ,3 thousand tons, palm olein - from 243.4 to 206.2 thousand tons, stearin - from 72.9 to 41.6 thousand tons, crude palm kernel oil - from 36.9 to 10 thousand tons. At the same time, the export of refined palm oil grew from 54.7 to 71.5 thousand...
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Wheat exchange quotes started the week with a fall of 2-4%
24.01.2023
Abundant precipitation in the dry regions of the US wheat belt and snow in parts of Kansas and Colorado eased concerns about soil moisture deficits and provided protection for winter crops ahead of the forecast frost. In the states of Texas and Oklahoma, precipitation of 2.5-7.5 cm is expected, which will replenish soil moisture reserves after a dry autumn. Against this background, quotations on the US stock exchanges fell by 3-4%, followed by European stock exchanges, which also fell by...
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Purchase prices for grains in Ukraine on January 24, 2023
24.01.2023
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2500 3200 170 Mustard seeds 1240 Peas 4860 8050 265 ↓ 18 Buckwheat 111 Rye 195 ↓ 18...
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Traders are watching the weather in Argentina and Ukraine, which will determine the fate of the crop in the coming weeks
23.01.2023
Over the weekend, rains and thunderstorms passed in Argentina , and during the week forecasters expect two more fronts that will bring heavy precipitation. They could reduce stress on soybean and corn crops, but local analysts have already cut production forecasts significantly due to the drought. In a new report, experts at the Buenos Aires Grain Exchange (BAGE) lowered their 2022/23 corn harvest forecast in Argentina from 50 to 44.5 million tons amid severe drought and delayed...
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The main world importers and producers of soybeans, China and Brazil, are reducing their supplies for the second year in a row
23.01.2023
Analysts are scrambling to forecast China's soybean imports amid a record crop in Brazil, as a cut in purchases will knock prices down and rising imports will support them. Over the past two years, China has reduced soybean imports, in particular in 2022 - by 5.6% to 91.08 million tons. At the same time, in 2022, soybean imports from Brazil decreased by 6.45% to 54.4 million tons (the share of of total imports was 60%, as in 2021), from the USA - by 8.5% to 29.5 million tons...
