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The decrease in the forecast of production and stocks of vegetable oils has not yet affected quotations
14.11.2022
In a November report, USDA experts lowered forecasts for production and stocks of vegetable oils, especially palm oil, but the markets reacted in the opposite way, and palm oil prices fell. As in the October report, USDA experts lowered the palm oil export forecast for FY 2021/22 for Indonesia by 0.33 million t to 22.32 million t (26.84 million t in 2020/21 FY and 28.5 million t forecast for 2022/23 MR), but increased it for Malaysia by 0.227 million tons to 15.527 (15.87 and 16.5)...
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Purchase prices for grains in Ukraine on November 14, 2022
14.11.2022
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 CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 1950 Mustard seeds 1190 Peas 9200 7500 290 Rye 5000 220 Corn 5767 ↑ 34 4500 5265 ↓ 46 205 205 ↓ 1 264 ↑...
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In the USDA oil balance sheet, the production forecast was lowered and the reserve estimate was raised
11.11.2022
USDA's November oil balance sheet for the 2022/23 FY has undergone minor changes - the global production forecast has been reduced by 1 million tons to 645.6 million tons (which will be 6.8% higher than the 2021/22 FY), and the estimate of ending stocks has been increased by 1 .38 million tons (by 7.4% will exceed the indicator of 2021/22 MR) as a result of the adjustment of initial balances. Soybean and canola prices edged higher on the bearish report, but eased yesterday and...
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USDA has lowered its sunflower harvest forecast for Ukraine, but raised its export estimate
11.11.2022
The military invasion of the Russian Federation into Ukraine stopped the sea export of agricultural products and the work of the main processing enterprises located in the ports of Ukraine, which led to significant changes in the work of the world market of oilseeds. Before the war, Ukraine was the world's main sunflower producer and exporter of sunflower oil and meal, providing half of the world trade of these products in 2020/21 MR. Sunflower processing was mainly done domestically, and...
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Purchase prices for grains in Ukraine on November 11, 2022
11.11.2022
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 CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 1950 Mustard seeds 1190 Peas 9200 9000 290 Rye 220 Corn 5733 ↓ 67 4500 5358 205 205 ↓ 1 262 ↑ 3 Poppy...
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An increase in the forecast for wheat production, consumption and stocks in the USDA report will increase the pressure on the quotation
10.11.2022
In the November balance of demand and supply, USDA experts increased the forecasts of wheat production, consumption and stocks, but left the harvest estimate for the Russian Federation unchanged at 91 million tons, while the Russian MSG estimates it at 100 million tons (75.1 million tons last year). Therefore, the forecast of world production may be adjusted in the December report. Compared with the October report, the following changes have been made to the new wheat balance sheet...
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The USDA cut its forecasts for corn production and stocks within traders' expectations
10.11.2022
The USDA's November report turned out to be fairly neutral, although analysts expected a more substantial increase in the production forecast for the US, which should have improved the balance for 2022/23 FY. In the new balance sheet, USDA experts lowered their forecast for world production and ending stocks for the fourth month in a row, which was in line with traders' expectations, so it did not lead to an increase in quotations. The biggest changes are for the US, the EU...
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Purchase prices for grains in Ukraine on November 10, 2022
10.11.2022
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 CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 1950 Mustard seeds 1190 Peas 9200 9000 290 Rye 220 Corn 5800 5358 ↓ 178 205 220 ↓ 3 263 ↑ 4 Poppy seeds...
