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To ensure the stable operation of the grain corridor, the representatives of Turkey, Ukraine and the UN at the negotiations in Istanbul are making maximum efforts to extend the grain agreement for another 120 days, while the representatives of the Russian Federation agree to an extension of only 60 days.   "During the operation of the grain corridor, more than 24 million tons of grain and other foodstuffs were transported, therefore its continuation is very important. We will...

Oil futures have fallen 12% this week to a 15-month low amid a troubled US banking industry, including a 5% drop yesterday as Credit Suisse shares tumbled 30%.   In the USA, three large banks have already gone bankrupt, including Silicon Valley Bank, which was among the twenty largest banks in the country. And yesterday there was information about the pre-default state of one of the largest Swiss banks, Credit Suisse, whose shares fell by 30% yesterday, due to which the country's...

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  EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2550 ↑ 250 Mustard seeds 60000 44000 Peas 7630 Buckwheat 111 Corn 6200 7300 5422 ↑ 68 206 ↑ 6 217 ↑ 6 237 ↑ 2...

Rape quotes on the Paris stock exchange fell to their lowest level since September 2022 amid a drop in global demand for vegetable oils following lower oil prices and increased supply in the European market due to record canola crops in Australia and Canada, as well as a good crop in the EU.   During March, May rapeseed futures in Paris fell by 9.4% to €482.75/t or $518.5/t (-15% for the month, -48% for the year), and canola in Winnipeg - by 8.3% to CAD 757/t or $553/t (-8.5%...

Bulgarian farmers with 50 tractors blocked the route Ruse - Pleven, protesting against the import of agricultural products from Ukraine. They believe that duty-free imports of Ukrainian wheat and sunflowers will bankrupt farmers, as low prices for grain from Ukraine reduce the competitiveness of Bulgarian products.   The participants of the action sent a note of protest to the Minister of Agriculture with complaints about overcrowded granaries and the impossibility of settling...

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  EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2300 Mustard seeds 60000 44000 Peas 7630 Buckwheat 111 Corn 6200 7300 5354 ↑ 7 206 ↑ 6 217 ↑ 6 231 ↓ 2 Flax ...

The data collected by NASA indicate that extreme weather conditions will intensify over the next decade, reports Agrobusiness magazine.   The head of NASA's Earth Sciences Department, Karen St. Germain, said that more and more energy is trapped in the planet's atmosphere, which leads to changes in water cycles.   The National Aeronautics and Space Administration measures incoming solar radiation and outgoing emissions. Calculations of their difference indicate a...

During the current financial year (ending March 31), India will import 1.5 million tons of duty-free sunflower oil, which is 500,000 tons less than the quota allocated by the government, trade and government sources said.   India, the world's largest importer of vegetable oils, buys sunflower oil from the Black Sea region, which accounts for 60% of global production and 76% of sunflower oil exports. In FY 2022/23, the country has already imported 1.3 million tons of duty-free...