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After a long negotiation, Brazilian exporters received permission from Chinese customs to supply corn to the country, which will negatively affect the export of corn from Ukraine and the United States, which have traditionally been the main suppliers of grain to the PRC.   According to Reuters, Chinese customs yesterday updated the list of approved Brazilian corn exporters, which includes 136 entities, including those owned by ADM, Bunge, Cargill, Louis Dreyfus and Cofco...

After Russia's announced withdrawal from the grain agreement, Turkey, Ukraine and the UN agreed on the further movement of ships from Black Sea ports. Realizing that there will be no persuasion, the Kremlin immediately announced a return to the grain agreement, but noted that the decision to extend it after November 19 will be considered separately.   The step for such a statement was Putin's tough conversation with Erdogan, who emphasized the need for the immediate end of...

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 1700 Mustard seeds 1190 Peas 290 Rye 220 Corn 5740 5563 ↑ 192 210 225 ↓ 3 260 ↑ 8 Poppy seeds ...

The stoppage of the grain corridor did not come as a surprise to traders, as the Russians have sharply reduced the number of vessel inspections since September 20, resulting in a queue of more than 170 vessels heading to Ukraine's Black Sea ports for loading at the Bosphorus.   On October 31 and November 1, some ships were still allowed to pass, but already on November 2, the movement of all ships was prohibited. Turkey said that in order to avoid risks, it will provide its own...

Thanks to the operation of the grain corridor, in October 2022, Ukraine increased the export of agricultural products by 1% compared to the previous month to 7 million tons, of which 61% were shipped from Black Sea ports.   Compared to September, the export of agricultural crops in October changed as follows: grain crops - increased by 3% to 4.5 million tons (of which 49% was corn, 43% - wheat, 7% - barley), oil crops – decreased by 8% to 1.2 million tons (56% -...

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 1700 Mustard seeds 1190 Peas 290 Rye 220 Corn 5710 5371 210 223 ↓ 3 261 ↑ 9 Poppy...

Russia's threats to stop participating in the grain agreement and ban its effect after November 19 are supporting the prices of soybean and palm oil, the demand for which is growing against the background of restrictions on supplies of Black Sea sunflower oil.   January palm oil futures on the Malaysian exchange yesterday rose 4.7% to 4,175 ringgit/t, or $883.5/t, recovering from a fall late last week.   Indonesia plans to increase the indicative price of crude palm...

Russia continues its policy of restricting grain supplies to the world market in order to raise food prices. It also drastically reduced gas supplies to the EU, causing accidents at gas distribution stations and explosions on pipelines. However, this blackmail backfired, and European consumers began to buy gas from other suppliers.   The Russian government announced a few days ago about withdrawing from the grain agreement, but clarified yesterday that it is only suspending...