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World wheat prices are under pressure from a significant supply of Black Sea wheat, primarily from Russia, data on increased exports from the Russian Federation in March, the extension of the grain corridor from Ukraine, and improved weather in the US and the EU. The biggest impact is on European wheat prices, which fell 13% in the two weeks following the bearish WASDE report, and 15% in the month. At the same time, American wheat futures stabilized after falling, and spring and hard winter...

Data on the autumn sowing of winter crops and the sowing of spring crops for the 2023 harvest allow the Ministry of Agriculture to make the first forecasts for the future harvest.   It is planned to sow 19.3 million hectares with grain and industrial crops for the 2023 harvest on the territory controlled by Ukraine, which will almost correspond to last year's 19.8 million hectares. At the same time, the area of sowing winter crops decreased by 1 million hectares compared to the...

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 2850 Mustard seeds 60000 44000 Peas 8253 Buckwheat 111 Corn 7500 6311 6850 ↓ 450 6053 ↑ 4 203...

Since the beginning of 2023, China has increased its corn imports, which has added optimism to Ukrainian and American exporters, who are suffering from a decrease in global demand and prices.   According to the customs service of the People's Republic of China, in February, compared to January, the import of corn grew by 41% to 3.1 million tons, and in the first two months of the new year, in total, it amounted to 5.3 million tons, which is 14% higher than the corresponding...

Soybean prices in China fell sharply this week and WTO futures fell to a 5-year low amid increased soybean sales from Brazil and reduced demand for near-term supplies.   According to Platts, part of S&P Global Commodity Insights, China soybean prices fell 23% (-37% for the week) during March 17 alone and traded at a premium of just $28/t to May SWOT futures , which yesterday rose by 0.9% to $546/t (-4% for the month). At the same time, Brazilian soybeans fell in price by 3.4% for...

The 15% drop in global oil prices since the beginning of March and the decline in demand for vegetable oils, which led to a sharp drop in their prices, continues, which continues to put pressure on soybean, canola and palm oil quotes.   Rape quotes on the Paris exchange fell 3.2% yesterday to the lowest level since August 2021 at €453.75/t or $486/t (-22.8% month-to-month, -60% year-to-date) on against the backdrop of reduced demand and increased supply from Canada and Australia...

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 2850 ↑ 300 Mustard seeds 60000 44000 Peas 8253 Buckwheat 111 Corn 7500 6311 ↓ 189 7300 6049...

According to Mintec Analytics, for the first time in 25 years, EU rapeseed oil has become cheaper than palm oil, which is usually the lowest priced of the four main oils (rapeseed, sunflower, soybean and palm) and serves as a benchmark for market participants. Thus, as of March 16, rapeseed oil prices fell to the lowest level since January 2021 - €929.5/t FOB Rotterdam, while the price of crude palm oil was €951/t CIF Rotterdam.   The reason was oversaturation of the EU...