News

Argentina's economy is in a long-term crisis: inflation in 2023 exceeded 100%, and the debt to the IMF is more than 44 billion dollars, so export performance is critically important. According to official forecasts, the harvest of soybeans and wheat this year will decrease by half, and corn - by a third, although these crops provide the main budget revenues and are the leaders of exports.   The final extent of the damage will only be known when the harvest begins, but it too will...

The Egyptian GASC purchased 600,000 tons of Russian wheat for delivery on May 10-20 and 21-31 at a tender on April 6 at a price of $293-294/t C&F. The price of Russian wheat on an FOB basis was $275/t, which was $3/t higher than the price of Ukrainian wheat, but the high cost of freight from Black Sea ports made Ukrainian products uncompetitive. At the same time, Romania, Bulgaria and France were also unable to compete with the significant amount of supply from the Russian...

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, $ DAF, $ CIF, $ Wheat mill offals 3033 Mustard seeds 44000 Peas 7380 100 370 Coriander 100 Corn 7700 6087 6200 ↓ 550 5418 ↑ 10 199 ↑ 4 191...

During the 35th week of operation of the grain corridor (March 27 - April 2), the export of grain from the sea ports of Odesa increased by 6% compared to the previous week to 852.4 thousand tons, although the number of loaded ships decreased by 4 to 18 units. The reason was the agreement of the exporters to use ships with a tonnage of more than 35,000 tons for loading in Black Sea ports, as well as an increase in supplies to Asian countries (primarily, China) by ships of 50,000 tons and...

Against the backdrop of a sharp increase in oil prices, rapeseed prices on the European exchange, after reaching a minimum of €430/t on March 22, recovered to €490/t on Monday. Analysts had expected quotes to stabilize at this level, but by Wednesday they had fallen again by 8.2% on forecasts of an increase in the oil harvest in the new season.   Yesterday, May rapeseed futures on the Euronext exchange fell by 5.6% to €453/t or $493/t (-19% for the month) against the...

U.S. raw sugar prices rose to a 6-year high of $22.4/lb amid rising demand for biofuels and reduced sugar production.   The decision of the OPEC+ countries, in particular Saudi Arabia and the Russian Federation, to reduce oil production from May until the end of the year led to a sharp increase in quotations, which will stimulate sugar cane producers to sell the harvest not for processing into sugar, but for the production of biodiesel. In addition, Brazil's new government halted...

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, $ DAF, $ CIF, $ Wheat mill offals 3033 Mustard seeds 44000 Peas 7380 100 370 Coriander 100 Corn 7700 ↓ 50 6087 ↑ 132 7300 5169 199 ↑ 4 191...

According to the Ministry of Agriculture, Ukraine exported 3.2 million tons of sunflower oil in 2022/23 of the USDA forecast for this season of 4 million tons, in particular in March - 524 thousand tons, which was 29% higher than in February (118 thousand tons) and became the largest monthly volume of exports since the beginning of the full-scale invasion.   Export of sunflower oil from Ukraine in 2022/23 MR ShareUA potential predicts at the level of 4.5 million tons, while the USDA...