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Dry weather in Argentina, Spain and the United States worsens the outlook for the harvest
14.04.2023
Grain market participants are paying more and more attention to the weather in the Northern Hemisphere, where the sowing of spring crops has begun. In general, conditions are conducive to work, but the Great Plains in the United States, southern Spain and Italy are experiencing a moisture deficit. In Argentina, there was little rain that did not affect the condition of the crops, so the exchange in Rosario again lowered the forecasts for the soybean and corn harvest, while in...
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Purchase prices for grains in Ukraine on April 14, 2023
14.04.2023
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 3067 ↓ 8 180 Mustard seeds 60000 850 Peas 9500 100 Coriander 100 Corn 7700 5969 6000 5406 ↓ 13 194 190 ↓ 2...
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According to Ukrzaliznytsia, in April the cost of agricultural logistics decreased by 7.67-31.62%
13.04.2023
In April, the cost of transportation of grain cargoes by wagons of Ukrzaliznytsia decreased by 7.67-31.62% depending on the direction of delivery, V. Tkachev, deputy director of the company's commercial work department, said on his Facebook page. He noted that in view of the acceleration of the movement of grain trucks in April and the decrease in the market value of their use at the "Prozorro.Prodazhi" auctions, the total cost of transporting grain over a distance of...
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Sunflower prices in Ukraine are rising, while oil remains under the pressure of low demand
13.04.2023
In the April balance sheet, USDA experts left the forecast for sunflower exports from Ukraine at 2.65 million tons (1.62 million tons in FY 2021/22), although actual exports may decrease due to restrictions on Ukrainian grain supplies to Poland, Romania, and Bulgaria. The forecast for sunflower processing in Ukraine in 2022/23 was increased by 0.2 to 10.4 million tons, and the estimate of ending stocks was reduced by 0.18 to 1.47 million tons, while last year they amounted to 4.69 million...
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Soybean prices in China are falling, following those in Brazil amid a record harvest
13.04.2023
According to analysts Platts (S&P Global Commodity Insights), during April 4-10, soybean prices in China fell by 3.9% to $551.98/t CFR, and the premium compared to May contracts on the Chicago World Trade Organization decreased to 0. $05/bushel, the lowest for the first month of shipments from Brazil. During the month, demand for shipments of Brazilian soybeans decreased slightly. Thus, demand for deliveries in May decreased from 10 to 9 million tons, and for deliveries in June...
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Purchase prices for grains in Ukraine on April 13, 2023
13.04.2023
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 3075 180 Mustard seeds 60000 Peas 9500 ↑ 2120 100 Coriander 100 Corn 7700 5969 ↑ 260 6000 ↓ 200 5419 ↓ 8...
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USDA experts lowered Argentina's soybean crop forecast more than analysts expected
12.04.2023
Drought in Argentina worsens outlook for soybean harvest, but global balance remains stable. USDA experts in an April report lowered the forecast for global production and consumption of soybeans, so the estimate of ending stocks was almost unchanged, although analysts expected them to be significantly reduced. Compared to the March estimates , the April soybean balance for the 2022/23 MR underwent the following changes: The estimate of initial reserves was...
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The USDA raised its consumption forecast and lowered its estimate of wheat stocks, but prices continued to fall
12.04.2023
USDA's April balance sheet for wheat turned out to be more bearish than analysts expected, as the estimate of ending stocks was significantly lowered due to an increase in the global consumption forecast. However, quotations reacted to the report by falling further. Compared to the March estimates , the April wheat balance for the 2022/23 MR underwent the following changes: The estimate of initial reserves was increased by 0.64 mln t to 272.09 mln t (286.33 mln...
