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Despite an increase in EU canola crop forecasts, canola and canola quotes continued to rise this week following higher oil prices.   Oil is rising ahead of the OPEC+ meeting, at which Saudi Arabia and the Russian Federation may lower production plans to stabilize prices after their significant fall in September.   The weather in Canada favors the harvesting of late crops, in particular canola, which reduces the impact of the weather factor on...

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 700 Mustard seeds 65000 44000 Coriander 35000 Corn 3550 5138 ↓ 5 192 213 ↓ 2 215 ↓ 18 257 ↑ 7 Flax ...

In September, Ukraine exported 4.3 million tons of grain crops, which corresponds to the level of exports of the previous two months. This is very annoying to the authorities of the Russian Federation, since Russia exported only 4.4 million tons of grain in September.   The total export of grain and oil crops, according to the All-Ukrainian Agrarian Council, amounted to 6.9 million tons in September, which practically corresponds to the pre-war level, although not all port...

Thanks to the unblocking of the Black Sea ports, Ukraine is increasing its corn exports, but rumors about the possible suspension of grain corridors after November 20 stopped the growth of purchase prices.   Corn prices in Ukraine are 50-70 $/t lower than world prices, so if exports through sea ports continue, they will have the potential for growth. In the near future, they will be supported by increased demand from EU countries, which are increasing imports.   In...

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 700 Mustard seeds 65000 44000 Coriander 35000 Corn 3550 ↓ 2750 5143 192 ↓ 3 213 ↓ 2 233 257 ↑ 7 Flax...

USDA's September 30 report on quarterly US grain stocks as of September 1 surprised market participants and led to a sharp jump in quotes. The new estimates of production and stocks will be reflected in the October WASDE supply and demand balance.   Compared to the September WASDE balance sheet , the corn production forecast in 2021/22 was reduced by 1.05 million tons to 382.8 million tons. Stocks of old crop corn on September 1 amounted to 35.05 million tons, which was 12%...

The palm oil market remains highly volatile. Last week, quotes posted their biggest quarterly drop since 2008, falling to a one-year low amid rising inventories in major producing countries and possible reduced demand from the global economic downturn.   Malaysian palm oil futures, which measure global palm oil prices, fell 9.4% to 3,416 ringgit/t, or $738/t, last week, down 31% in the third quarter on expectations of a pick-up in exports from Indonesia and Malaysia, which is slowing...

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 700 Mustard seeds 65000 44000 Coriander 35000 Corn 6300 5143 195 ↓ 10 213 ↓ 2 233 258 ↑ 7 Flax ...