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India's wheat stocks hit 3-year high, but conflict with Pakistan could reduce government purchases
25.04.2025
According to the Food Corporation of India (FCI), as of April 1, the country's wheat stockpile stood at 11.8 million tonnes, well above the target of 7.46 million tonnes and 57% or 4 million tonnes higher than last year's level. Rice stocks reached a record high of 63.09 million tonnes, well above the target of 13.6 million tonnes. Dealers believe that even if government purchases of wheat are reduced, stocks will be sufficient to sell on the open market and stabilize...
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Purchase prices for grains in Ukraine on April 24, 2025
24.04.2025
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 FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals7500 6800 ↓ 250 380 Mustard seeds 25000 Peas 14800 385 Rye 12000 Coriander 27000 Corn10815 9787...
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Argentina is increasing exports of soybean and sunflower oil at prices significantly lower than those of competitors
24.04.2025
According to Oil World (Germany), in March 2025, soybean oil exports from Argentina exceeded expectations and reached 485 thousand tons, of which India and Nepal purchased 244 thousand tons, Bangladesh - 52 thousand tons, Pakistan - 34 thousand tons. The increase in sunflower processing allowed to increase sunflower oil exports compared to March 2024 by 17% to 119 thousand tons, of which 47 thousand tons were purchased by India (26 thousand tons last year). Exports of sunflower...
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MARS predicts that in 2025, rapeseed yields in the EU will be 9% higher than last year
24.04.2025
The MARS agricultural monitoring service on Tuesday increased the forecast for the average yield of soft wheat in the EU from 6.00 to 6.03 t/ha compared to March estimates, which will exceed the 2024 figure by 8%. At the same time, the forecast for rapeseed yield was left unchanged at 3.2 t/ha, which will be 9% higher than last year. A dry March is worsening harvest prospects in northeastern Europe, while crops in Turkey are suffering due to cold and drought. In...
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Thanks to good rainfall, Morocco could increase grain production by 41%
24.04.2025
According to the forecast of the Moroccan Ministry of Agriculture, grain production in 2025 could increase by 41% compared to last year to 4.4 million tons thanks to abundant rains in March and April, the Grain Online agency reports with reference to The North Africa Post. The country has suffered from drought for seven consecutive years, and last year was able to harvest only 3.1 million tons of grain, significantly below the annual average of 7 million tons. This...
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Purchase prices for grains in Ukraine on April 23, 2025
23.04.2025
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 FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals7500 6800 ↓ 75 380 Mustard seeds 25000 Peas 14800 Rye 12000 Coriander 27000 Corn10771 ↑ 25 9792...
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Corn prices in Ukraine have reached the level of food wheat prices
23.04.2025
Corn prices in Ukraine continue to rise, despite the stabilization of wheat prices and the decline in corn quotes on world exchanges. During the week, export prices for corn in Black Sea ports increased by $2–3/t to $233–236/t or UAH 10,900–11,000/t, but traders paid a higher price for large volumes and fast delivery. Farmers are actively sowing spring crops, so they practically do not sell, which leads to a shortage of corn on the...
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Wheat stock quotes are falling, but in Ukraine, a shortage of supply is supporting prices
23.04.2025
In Ukraine, farmers are holding back wheat sales amid a lack of rainfall, which keeps demand and prices for food grains high, while quotes on world exchanges have decreased by 1.5-2.8% over the week due to favorable weather in the EU and the US and reduced import demand. During the week, export prices for food wheat in Black Sea ports remained at the level of 11,000-11,100 UAH/t or 234-237 $/t, and for feed wheat - within 10,550-10,650 UAH/t or 225-226 $/t. In the...