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A sharp drop in oil prices and global demand is adding to the turbulence in vegetable oil markets, with palm oil and soybean oil trading in opposite directions yesterday.   Markets were largely unresponsive on Friday to a cut in the USDA's forecast of global vegetable oil production and stocks, as the changes only affected palm oil, but yesterday's decline in Dalian bourses led to a slide in Malaysia's bourse.   On the Chinese stock exchange in Dalian, soybean...

In the December balance sheet for the 2022/23 financial year, USDA experts again reduced the forecast of world production of oilseeds by 1.4 million tons due to a decrease in the sunflower harvest in Ukraine and the Russian Federation, as well as canola in Canada, which will lead to a reduction in final stocks. Soybean production estimates for South America, meanwhile, have been left unchanged for now, although drought in Argentina is weighing on crop prospects and local agencies have already...

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 3200 160 Mustard seeds 65000 Peas 5927 Coriander 35000 Corn 7288 ↑ 21 6516 4500 5278 202 ↑ 2...

For the fifth month in a row, USDA experts have lowered their forecast for world production and ending stocks of corn, but for the second month contrary to their estimates, quotations have fallen against the background of reduced global demand. In the December report, the forecasts for Ukraine, the Russian Federation and the EU have been reduced the most, but the estimate for Argentina, where drought is delaying sowing, has not yet been adjusted.   Compared to the November estimates,...

In the December supply and demand balance sheet, USDA experts lowered their forecasts for wheat production, consumption and stocks, but prices continued to fall amid general pessimism in commodity markets.   In comparison with the November estimates, the new wheat balance for 2022/23 MR underwent the following changes:   The global production forecast was reduced by 2.1 million tons to 780.6 million tons (779.3 million tons in 2021/22 FY and 775.72 million tons 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, $ DAF, $ CIF, $ Wheat mill offals 3200 ↑ 100 160 Mustard seeds 65000 Peas 5927 Coriander 35000 Corn 7288 ↑ 21 6516 ↓ 51 4500 5278 ↑ 25 202...

This week Argentina experienced heat of 30-35 ° C with little rain, adding stress to early crops and preventing the completion of soybean and corn plantings. During the weekend, new showers will pass in the country (mainly in the north), and the temperature will drop to 25-30 o C, and the amount of precipitation will decrease next week, which will further worsen the conditions for sowing and crop development.   As of December 7, 37.1% of the planned 16.7 million hectares were...

Interruptions in energy supply hinder the work of industrial enterprises of Ukraine, in particular, SEZs and port infrastructure, as a result of which oil crops are sent for export, and not for processing. The active export of grain and processed products in September and October through the grain corridors slowed down significantly in November and December against the background of artificial delays in the inspection of vessels by Russian inspectors as part of the SCC, so traders are...