News

In the US corn belt, dry and hot weather persists, which worsens the condition of crops and becomes the main speculative factor in the growth of quotations to an almost annual maximum. Such conditions in the central regions of the Midwest will last for several more days, and rain and lower temperatures are expected already at the weekend.   According to NASS USDA data, as of June 18, the number of corn crops in poor or very poor condition rose to 12% (8% a week ago and 6% last year),...

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 FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 4450 ↓ 250 111 Mustard seeds 60000 Peas 10000 Corn 4961 4496 171 ↓ 1 159 ↓ 7 Soybeen cake 16000 Sunflower oil cake 6800 ...

In May 2023, China sharply increased its grain imports amid a significant decline in Brazilian soybean prices and a reduction in its own wheat harvest due to flooding.   According to the State Customs of the People's Republic of China, in May soybean imports from Brazil increased by 40% compared to the same period last year, from 7.79 to 10.94 million tons. The total soybean import for 5 months of 2023 amounted to 20.15 million tons, which is almost corresponding to last...

In the June report, MARS experts reported that dry weather in the EU between May 1 and June 12 worsened the productivity of some agricultural crops.   Thus, dry conditions in the north, north-west and north-central Europe increased the soil moisture deficit and reduced the potential yield of winter and spring crops. At the same time, in some regions of Italy, Hungary, Croatia, and Slovenia, excess rainfall led to waterlogging of fields and increased risk of pest infestation. Low...

The attention of grain market participants is focused on the statements of the Russian authorities about the completion of the grain corridor on July 18. It is already clear that the Russian Federation will block Ukrainian exports in order to increase sales of its own grain and to increase economic pressure on Ukraine.   According to the Ukrainian Agricultural Business Club (UKAB), during June 12-18, the export of agricultural products through the grain corridor from the ports of...

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 FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 4700 4582 111 Mustard seeds 60000 Peas 10000 Corn 4961 ↓ 109 4496 ↓ 11 170 5580 159 ↓ 27 Soybeen cake 16000 Sunflower oil cake ...

In the USA, on June 19, the newly introduced Day of Emancipation of Slaves (Juneteenth) was celebrated, dedicated to the complete abolition of slavery in the country after the Civil War. Exchanges were working yesterday, but government agencies were not, because the weekly report on the harvest in the USA will be released today. On Monday, on news about the lack of precipitation in the US corn belt, speculators actively bought futures for soybeans and corn of the new crop, which led to a price...

Stock market quotations for palm and soybean oil have been rising for 5 consecutive sessions, which is strengthening the demand for cheap Ukrainian sunflower oil, the prices of which recently fell to $670-680/t with delivery to the port, but rose to $700/t in a few days and even higher   Against the backdrop of rising sunflower oil prices, processors immediately raised the demand price for sunflower by 500-700 UAH/t to 14,000-14,500 UAH/t with delivery to the plant. In addition,...