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Prices for wheat in the USA rose by 5-6% against the background of the delay in harvesting, as well as the probable closure of the grain corridor in Ukraine
06.07.2023
Abundant precipitation in the regions of winter wheat cultivation in the USA, dry weather in Canada and the east of the Russian Federation, and the probable completion of the grain corridor led to a speculative increase in wheat quotations in the USA by 5-6%. After a long US Independence Day weekend, wheat markets turned higher amid heavy rains in winter wheat growing regions that will continue for another week and delay harvest. On July 2, winter wheat in the USA was harvested on...
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In Ukraine, the cost of rail transportation of grain has been significantly reduced
06.07.2023
Since July 1, the cost of transportation of grain cargoes by railway has significantly decreased in Ukraine, primarily due to the decrease in the cost of the wagon component. This was reported by the deputy director of the department of commercial work of Ukrzaliznytsia V. Tkachyv in the "Zhd Logistics" Telegram channel. According to his data, the cost of using grain wagons of the Ukrainian Railways since July 1 is UAH 300/day without VAT. And the transportation of 1 ton...
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Purchase prices for grains in Ukraine on July 6, 2023
06.07.2023
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 4200 111 Mustard seeds 60000 Peas 6100 ↓ 1950 Corn 6750 5238 ↓ 4 4529 171 ↓ 1 190 170 169 ↓ 2 Flax ...
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The decline in barley production forecasts in the EU and Australia has not yet supported purchase prices in Ukraine
05.07.2023
The other day, the European Commission lowered the forecast for barley production in the EU in 2023 by 2.4 million tons to 49.7 million tons (52 million tons in 2022), while the harvest forecast for Australia was lowered the day before. At the same time, the European Commission reduced the estimate of domestic consumption of barley in the EU by 1 million tons to 41 million tons (42 million last year), and final stocks by 2 million tons to 6.1 million tons, which will correspond to...
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Brazil has harvested 20% of second-crop corn, and production forecasts have been raised again
05.07.2023
As of June 1, 20% of second-crop corn crops have been threshed in Brazil. Based on yield data, analysts again raised forecasts for the second-largest grain harvest. According to the IMEA agency, in the main producer state of Mato Grosso, 33% of the planned 7.4 million hectares of corn have been harvested, which is slightly lower than last year's pace, while this year's yield is very high. Against the background of favorable weather, the experts of the local...
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Ukraine maintains a high rate of sunflower oil export
05.07.2023
Despite a significant reduction in sunflower stocks in Ukraine, the export of sunflower oil in June remained at a high level and amounted, according to preliminary data, to 476 thousand tons, which significantly exceeded the expectations of market participants and the 453 thousand tons exported in May, Shareuapotential reports. The main buyers of domestic sunflower oil in June were Romania, Turkey and India. In general, in 2022/23 MR Ukraine increased the export of...
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Purchase prices for grains in Ukraine on July 5, 2023
05.07.2023
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 4200 111 Mustard seeds 60000 Peas 8050 Corn 6750 5242 ↓ 2 4529 171 ↓ 1 190 170 169 ↓ 3 Flax 20000 ...
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Palm and soybean oil futures rose 8.5-10% in two sessions, following soybean prices
04.07.2023
A downgrade in US soybean acreage estimates shocked the market and sent palm oil prices up 8.5% and soybeans up 10% over the past two sessions. September palm oil futures on Bursa Malaysia rose 5.1% yesterday to a 3-month high of 3,985 ringgit/t or $854/t (+8.5% over two sessions) amid Friday's gains for soybeans and soybean oil on the Chicago Stock Exchange. The speculative jump was not restrained even by the data of the survey company Intertek Testing Services on...
