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Accelerating harvesting in the United States and raising harvest forecasts for Russia are lowering wheat prices
22.06.2022
Expectations of a slowdown in the world economy collapsed stock markets, to which commodities reacted accordingly: last week oil prices began to fall, palm oil futures fell by 10% on Monday, and yesterday's wheat prices fell by 5-6.5%. Accelerating harvesting in the United States and raising forecasts for the wheat harvest in Russia are increasing pressure on quotations. According to the weekly Crop Progress from the USDA, as of June 19, spring wheat was sown in 98% of the area...
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Purchase prices for grains in Ukraine on June 22, 2022
22.06.2022
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, $ DAF, $ CIF, $ Wheat mill offals 1700 Mustard seeds 1400 Corn 7738 3950 4844 ↑ 17 185 ↓ 5 228 264 ↓ 11 Wheat flour, class 1 8000 Wheat flour, extra class 335 ...
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After oil, palm oil fell by 9%, which increased the pressure on vegetable oil prices
21.06.2022
Yesterday, palm oil prices fell by 9.5%, which was the biggest daily drop since January 28, 2020. This is due to Friday's fall in oil prices by 6% and increased exports from Indonesia. August palm oil futures on the Malaysian stock exchange Bursa yesterday fell by 473 ringgit / t or 9.5% to the lowest level since January 4, 2022 - 4981 ringgit / t or $ 1132 / t. Indonesia, the world's largest exporter of palm oil, last week issued a permit to ship more than...
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Wheat prices in Ukraine remain under pressure from lack of exports
21.06.2022
The blockade of ports continues to put pressure on wheat prices in Ukraine, which fell to 5500-6000 UAH / t ($ 188-205 VAT with delivery to the mill) amid significant supply and lack of demand. International traders have stopped buying wheat because export demand is very low, Farmers are in no hurry to obtain wheat export licenses, primarily selling corn and sunflower at reduced prices, and withholding wheat to resume exports in order to sell it at a high price. Export demand...
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Purchase prices for grains in Ukraine on June 21, 2022
21.06.2022
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, $ DAF, $ CIF, $ Wheat mill offals 1700 Mustard seeds 1400 Rye grade II 6500 Corn 5475 3950 4849 190 228 266 ↓ 9 Wheat flour, extra class 335 Sunflower- oil 37300 ...
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Ukraine has completed the sowing of spring crops and continues to export grain despite the war
20.06.2022
117 days of the hot phase of Russia's war against Ukraine have been going on, and Ukrainians are fighting bravely not only for their territories, but also for the future harvest. The Ministry of Agrarian Policy of Ukraine reported that according to operative information from regional state administrations, sowing of spring crops has been completed and as of June 16 they have sown 95% of the planned areas or 13.4 million hectares, including: spring wheat - 191.1 thousand...
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Oil prices fell 6%, increasing pressure on agricultural markets
20.06.2022
The decision of the US Federal Reserve and the EU Central Bank to tighten monetary policy to curb inflation after significant inflows into the economy during the pandemic could slow economic growth and reduce energy demand, to which oil prices responded on Friday by falling 5-6 %. This has increased pressure on the prices of agricultural products, especially those used in biofuel production. August futures for Brent crude fell 6% to $ 113.12 / barrel and WTI crude for 6.8% to $...
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Purchase prices for grains in Ukraine on June 20, 2022
20.06.2022
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, $ DAF, $ CIF, $ Wheat mill offals 1700 Rye grade II 6500 Corn 5475 3950 4849 190 228 266 ↓ 9 Wheat flour, extra class 335 Sunflower- oil 37300 1650 1225 ↓ 106 Wheat...