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Forecasts of an increase in the area of wheat sowing in the USA and Canada against the background of negotiations on the continuation of the grain corridor from Ukraine increase the pressure on stock market quotations for wheat.   Wheat prices fell 1-2.4% yesterday, with wheat futures in Chicago and Kansas falling to their lowest since September 2021, including: by 2% or $4.96/t to $255.5/t - May futures for soft winter SRW wheat in Chicago (0% for the week); by 2.4% or...

Natural gas prices on the London ICE exchange fell more than 6% on Monday to $450/thousand cubic meters, falling to this level for the first time since July 2021. The reason for this was an unusually warm winter in the United States and Europe, as well as significant inventories gas in storage at the end of the season, when consumption decreases. Following gas prices, the prices of nitrogen fertilizers are falling, which will help reduce the cost of grain and food in the new...

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 2667 180 Mustard seeds 60000 1240 Peas 7464 275 ↓ 11 Buckwheat 111 Rye 6000 188 ↓ 12...

Indonesia's Commodity Futures Commission has asked local palm oil exporters to enter into contracts through the local futures exchange. It is planned that the new rules will work by June this year, and Indonesia will receive its own benchmark for palm oil, and its buyers will be guided by the price determined domestically.   Indonesia is the world's largest supplier of palm oil, but most exporters make deals directly with buyers, bypassing the futures exchange. At the same...

According to the Ministry of Agrarian Policy of Ukraine, as of March 2, domestic farmers threshed 54.28 million tons of grain and leguminous crops from 11.3 million hectares or 98% of the planned area with an average yield of 48 tons/ha.   Currently, the harvesting of corn is underway, and as of March 2, 26.9 million tons were collected from 4.02 million hectares or 95% of the area with a yield of 6.69 tons/ha, while a week ago the gross harvest was 26.79 million...

The average value of the food price index, which is determined by FAO experts, has been declining for 11 consecutive months, and in February it decreased by 0.6% compared to January to 129.8 points, which is 18.7% or 29.9 points lower than the peak March 2022   The decrease in the index in February is caused by a sharp drop in the prices of vegetable oils and dairy products, and a slight decrease in the prices of grains and meat, which compensated for the sharp increase in the prices...

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 2667 180 Mustard seeds 1240 Peas 7464 275 ↓ 11 Rye 6000 188 ↓ 12 Rye grade II 6000 ...

According to Reuters, in February compared to January, India reduced palm oil imports by 30% to 586,000 tons (which was the lowest figure since June 2022), soybean oil by 3.7% to 340,000 tons, sunflower oil by 3.7% 67% up to 150 thousand tons.   It is worth noting that from October 2022 to January 2023, India actively bought palm oil and built up domestic reserves, but the demand for this oil was insignificant, so in February importers decided to slow down...