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Against the backdrop of a sharp increase in oil prices, rapeseed prices on the European exchange, after reaching a minimum of €430/t on March 22, recovered to €490/t on Monday. Analysts had expected quotes to stabilize at this level, but by Wednesday they had fallen again by 8.2% on forecasts of an increase in the oil harvest in the new season.   Yesterday, May rapeseed futures on the Euronext exchange fell by 5.6% to €453/t or $493/t (-19% for the month) against the...

U.S. raw sugar prices rose to a 6-year high of $22.4/lb amid rising demand for biofuels and reduced sugar production.   The decision of the OPEC+ countries, in particular Saudi Arabia and the Russian Federation, to reduce oil production from May until the end of the year led to a sharp increase in quotations, which will stimulate sugar cane producers to sell the harvest not for processing into sugar, but for the production of biodiesel. In addition, Brazil's new government halted...

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 3033 Mustard seeds 44000 Peas 7380 100 370 Coriander 100 Corn 7700 ↓ 50 6087 ↑ 132 7300 5169 199 ↑ 4 191...

According to the Ministry of Agriculture, Ukraine exported 3.2 million tons of sunflower oil in 2022/23 of the USDA forecast for this season of 4 million tons, in particular in March - 524 thousand tons, which was 29% higher than in February (118 thousand tons) and became the largest monthly volume of exports since the beginning of the full-scale invasion.   Export of sunflower oil from Ukraine in 2022/23 MR ShareUA potential predicts at the level of 4.5 million tons, while the USDA...

In Brazil, the abundant rainfall of the last three months will allow a record harvest of soybeans, and in case of favorable weather in April-June, a record harvest of corn.   According to the estimates of the Conab agency, as of April 1, soybeans in Brazil were harvested on 74.5% (81% last year) of the 43.5 million hectares sown, and 96.3% of the planned areas were sown with corn of the second harvest. Thanks to favorable weather in the main producer state of Mato Grosso, the work is...

The global wheat market remains under pressure from a strong supply, but traders are increasingly worried about production forecasts for the new season. Against the background of the expected decrease in the harvest in Ukraine and the Russian Federation, experts are monitoring the state of crops and production estimates in the USA and the EU, which are the main world exporters of wheat, and will determine the dynamics of world prices in the next season.   Yesterday, USDA's NASS...

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 2967 Mustard seeds 44000 Peas 7380 100 Coriander 100 Corn 7750 5967 ↑ 110 7300 5182 199 ↑ 4 190 ↓ 9 226...

After the collapse of sunflower prices in Ukraine by 25-30% in a month, producers practically stopped sales. And processors are currently suffering from low export demand for sunflower oil, even though its prices are much lower than soybean oil, and sometimes even palm oil.   Rising oil prices, driven by a surprise decision by Saudi Arabia and other OPEC+ countries to sharply cut production, have boosted soybean and palm oil prices, but have so far failed to support sunflower oil...