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Intense shelling of Ukraine by missiles and drones slows down the work of export terminals, due to uncertainty about the further work of grain corridors, traders reduce purchases at ports, and the acceleration of harvesting increases the supply of sunflower and soybeans on the domestic market, which increases pressure on prices.   After the end of the rains, farmers accelerated harvesting, and as of October 14, 4.5 million tons of sunflowers with a yield of 2.05 tons/ha and 1 million...

For the second week now, Russia has been intensively shelling Ukraine with missiles and kamikaze drones, which has led to restrictions on the operation of grain terminals, especially after hitting the oil terminal in Mykolaiv on Sunday.   Traders have almost stopped buying in the Black Sea ports of Ukraine, and active demand remains only in the Danube ports.   Exporters reduced prices for food wheat 2, 3 kl with delivery to Odesa ports to 7800-8100 UAH/t or $210-215/t,...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 1700 ↑ 600 Mustard seeds 65000 Coriander 35000 Corn 6300 5627 ↑ 4 205 215 210 ↓ 3 244 ↑ 8 Sunflower oil cake 2000 ...

On October 16, the Minister of Infrastructure of Ukraine O. Kubrakov met at the Joint Coordination Center in Istanbul with the Minister of Defense of Turkey Hulusi Akar and discussed with him the issue of extending the term of the grain agreement after November 19.   Representatives of the UN, Turkey and Ukraine expressed their readiness to extend the agreement and make maximum efforts to this end, and also stated that they have no doubts that its work will continue after November...

In the October balance sheet, USDA experts, as in September, again raised forecasts for production and stocks of vegetable oils, which increased pressure on prices, especially given the seasonal increase in the supply of soybean and sunflower oil, as well as cheap palm oil.   At the same time, USDA experts reduced the forecast of palm oil exports from Indonesia in 2021/22 FY by 0.5 million tons to 22.65 million tons (26.84 million tons in 2020/2 FY and 28.5 million tons predicted for...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 1100 Mustard seeds 65000 Coriander 35000 Corn 6300 5623 ↑ 21 205 215 210 257 ↑ 9 rapeseed cake 350 Sunflower oil...

In 9 months of 2022, compared to the corresponding period last year, Ukraine reduced the volume of exports by almost a third to $33.1 billion.   The main export items for this period were: food products - $16 billion, metals and products thereof - $5.1 billion, machines, transport and equipment - $3.3 billion, and the main importers - Poland - $5.1 billion , Romania - $2.6 billion, Turkey - $2.2 billion. The share of EU countries in the total structure of domestic exports was 62%,...

Analysts did not expect significant changes in the USDA's October oil balance for 2022/23 MR, so the sharp decline in the US soybean production forecast surprised the market. However, declines in soybean yields in the US and canola in Canada will be more than offset by increases in soybean production in Brazil and canola in the EU.   Compared to the September estimates, the October oil balance for the 2022/23 MR underwent the following changes: The forecast of world...