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The EU's decision to impose sanctions on Russia and cut its oil imports by 90% by the end of the year had led to higher oil prices, but an agreement with Venezuela and Saudi Arabia to supply oil to Europe halted rising prices. July futures for Brent oil remain at a high level of $ 120 / barrel, and for WTI oil - at $ 119.3 / barrel.   Rising oil prices have halted falling oil prices, which returned to previous highs last week.   The Egyptian GASC is holding an...

Late last week, wheat prices fell amid talks between Turkey, Ukraine and Russia on unblocking Black Sea ports, but yesterday it became clear that the Putin regime will not help the world avoid hunger, but will increase other people's dependence on missiles and bombs. .   Over the weekend, Russian missiles destroyed a warehouse with meal in the largest port of Nikolaev - Nika-Teri, after which wheat prices on world exchanges rose by 4-5%, returning to the level of the previous...

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 1550 Corn 5475 5126 190 245 ↑ 11 223 ↓ 36 Rape-seed oil 90000 1000 Sunflower- oil 34000 35000 1650 ↑ 82 Wheat grade II 330 345 Wheat...

Western countries will not lift sanctions against Russia in exchange for unblocking Ukraine's ports. At the same time, the UN is negotiating the resumption of Ukrainian grain exports from Black Sea ports to avoid world hunger. On the eve of the next round of talks scheduled for June 8 in Turkey, the parties express their positions through the press.   Russia continues to blame the food crisis on supply chain disruptions and Western sanctions, saying Ukraine has mined its own...

Russia continues the war against Ukraine and confirms that it wants not only to seize new territories, but also to physically destroy Ukrainians and Ukraine as a state. Brave Ukrainians, with the support of the civilized world, have been defending the country for 103 days, but the war is entering a protracted stage, so the authorities need to take measures to support the economy.   In the first three months of the war, budget expenditures were financed mainly through active financial...

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 1550 Corn 5475 5126 ↓ 78 190 239 ↑ 5 223 ↓ 37 Rape-seed oil 90000 1000 Sunflower- oil 35000 1550 ↓ 18 Wheat grade II 333 345 Wheat...

In 2021/22, the EU increased its imports of rapeseed oil by 132% to 553,207 thousand tons compared to the previous season, and will continue to increase it further against the background of the embargo on Russian oil supplies.   The EU's plan to end dependence on Russian resources and increase the share of renewable energy to 45% by 2030 provides for the active use of biofuels. Rapeseed oil remains an important commodity for both domestic consumption and blending, as shortages of...

In the spring of 2022, the main grain-exporting countries have favorable weather conditions for sowing and ripening, and the upcoming rains will improve harvest prospects.   In the United States, heavy rainfall in early April significantly delayed the sowing campaign, but now the rate of sowing has accelerated significantly. Thus, 86% of the planned areas were sown with corn (87% on average over 5 years), 66% with soybeans (67%), and only 73% (92%) with spring wheat due to...