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After falling during the past week to the lowest level since 2021, wheat quotations on world exchanges began to recover against the background of intensification of speculative demand and purchases by importers. They are also supported by the uncertainty with the harvest in the USA and Australia, where the production will be lower than last year, as well as the possible termination of the grain agreement due to the Russians blocking the passage of ships to 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  EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 4200 135 200 Mustard seeds 60000 Peas 10000 229 Sugar beet pulp gran 9500 Corn 4850 ↓ 50 4945 ↓ 30 170 180 160 196 ↓...

A 5-5.5% increase in oil prices at the end of last week, as well as dry weather in the US corn belt, supported corn prices, although physical demand did not increase.   On Friday, July corn futures rose 2.8% to $239.8/t (+3.2% for the week and +2.1% for the month), and December futures rose by 2.8% to $239.8/t on the Chicago Stock Exchange .1% to $213.1/t (+4.8% and 1.1%). New crop prices are likely to rise to old crop prices on forecasts of heat in the US...

In the second half of the week, oil prices increased actively on the news about the increase in the US national debt limit and in anticipation of the next meeting of OPEC+.   The President of the United States signed an order agreed upon by representatives of both houses of Congress to increase the limit of the US national debt. Disputes over the move, which lasted for several weeks between Democrats and Republicans, led to a sharp outflow of speculative capital from commodity...

A drought is intensifying in the US Midwest, which will dramatically worsen the condition of soybean and corn crops. The heat of 30-33 o C without precipitation that started last week will continue next week, although the temperature will drop to 28-30 o C.   Arid areas of the Central and Southern Plains experienced showers and thunderstorms, but the next week is expected to be almost dry with above-normal temperatures. In the northern plains of the USA, heavy rains continue, which...

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  EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 4200 135 200 Mustard seeds 60000 Peas 10000 229 Sugar beet pulp gran 9500 Corn 4900 4975 ↑ 2 170 180 160 196 ↓ 1...

At the Grain Ukraine-2023 conference, Deputy Minister of Agricultural Policy Taras Vysotskyi said that at the beginning of the 2023/24 fiscal year, transitional stocks of agricultural products in Ukraine will amount to 5 million tons, which will correspond to the pre-war average statistics, while last year, on July 1, stocks amounted to 22 million tons due to the blocking of exports from Black Sea ports.   He added that Ukraine insists on the need to ensure the free movement of...

On May 30-31, the Russians let through the grain corridor only 1 ship, and on June 1 - none, so the work is blocked again. Therefore, Ukraine appealed to the Secretariat of the Joint Control Commission with a demand to resume the inspection of vessels.   Blocking the ports of Ukraine, the Russian Federation demands new concessions for the functioning of the grain agreement, therefore the world community must put an end to this blackmail.   Permanent representative of the...