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Purchase prices for grains in Ukraine on May 12, 2022
12.05.2022
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 EXW elevators, UAH FCA, UAH FOB, $ DAF, $ CIF, $ Wheat mill offals 1550 Peas 9500 Corn 6085 ↑ 72 5574 ↓ 156 244 ↑ 1 259 ↓ 13 rapeseed cake 10500 10000 Wheat flour, extra class 450 Sunflower- oil 51000 1340 ↓ 95 1455 ↓ 152...
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Reducing harvest forecasts in South America and blocking exports from Ukraine supports corn prices
11.05.2022
Due to Russia's military aggression and the blockade of ports in Ukraine, a significant amount of corn will remain unexported in the coming months, which keeps prices for the next contracts at a high level. And declining yields in South America and forecasts of declining production in the United States and Ukraine due to reduced sowing areas are contributing to higher futures prices for the new harvest. Increased exports across the western border and low capacity of crossing...
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Low soybean yields in Argentina and Brazil will lead to higher prices for soybean and sunflower oil
11.05.2022
South America is finalizing the soybean harvest, and analysts are updating their estimates ahead of the USDA report. Thus, they expect that in the May balance USDA exports will reduce the forecast for soybean production in Argentina by 1 million tons to 42.5 million tons and Brazil by 700 thousand tons to 124.3 million tons, although the local agency Safras and Mercado lowered their harvest estimates for Brazil by 2.8 million tons to 122.3 million tons. May soybean futures on the...
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Purchase prices for grains in Ukraine on May 11, 2022
11.05.2022
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 EXW elevators, UAH FCA, UAH FOB, $ DAF, $ CIF, $ Wheat mill offals 1550 Peas 9500 Corn 6013 5740 243 258 ↓ 12 rapeseed cake 10500 10000 Wheat flour, extra class 450 Sunflower- oil 51000 ↑ 5500 1340 ↓ 131 1405 ↓ 150 Wheat grade...
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Wheat prices continue to fall in anticipation of the USDA's May report
10.05.2022
The sharp fall in stock indices and oil prices in the United States indicates the approach of the crisis and increase pressure on quotations of agricultural products, demand for which is declining due to high prices. Last week's rainfall in the United States delayed the sowing of spring crops, but improved the condition of winter wheat crops, which reduced stock quotes. According to the weekly report Crop Progress, as of May 8, spring wheat in the United States...
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Germany is ready to give up biofuels to avoid world hunger
10.05.2022
Russia's war against Ukraine has exacerbated the global food crisis amid a coronavirus pandemic and drought. So far, world food prices have risen by almost 30% to record levels. This was stated in an interview with Bild by the Minister of Economic Cooperation and Development of Germany Svenya Schulze. She believes that humanity is facing the worst famine since World War II, as 300 million people are already suffering from it, and the number of victims will continue to grow. It...
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Purchase prices for grains in Ukraine on May 10, 2022
10.05.2022
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 EXW elevators, UAH CPT processor, UAH FCA, UAH FOB, $ DAF, $ CIF, $ Wheat mill offals 1550 Peas 9500 Corn 6008 5740 ↓ 65 243 262 ↓ 8 rapeseed cake 10500 10000 Wheat flour, extra class 450 Sunflower- oil 45500 1353 ↓...
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After a long weekend, palm oil prices in Malaysia fell by 11%
09.05.2022
July palm oil futures on the Malaysian Stock Exchange on April 29 reached a record 7104 ringgit / ton amid a ban on oil exports by Indonesia's main competitor. After that, from May 1 to 5, the auction was not held due to the national holiday. But on May 6, quotations fell immediately by 11% to 6400 ringgit / t or 1463 $ / t, losing growth the previous week. The collapse was caused by declining oil exports from Malaysia due to high prices, as well as forecasts of Indonesia's...