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As a result of piracy by Russian troops, 95 foreign merchant ships remain blocked in Ukrainian ports, exacerbating the global food crisis and economic pressure on Ukraine. After the Ukrainian army destroyed the Moscow cruiser, Russian ships retreated to the west coast of Crimea, but they continue to block ports, threatening other ships with fire.   There are no hopes for a UN operation to unblock commercial vessels, especially given the rocket attack on Kyiv during the UN Secretary...

Traders' attention is focused on weather conditions in India, Brazil and Pakistan, where the heat reduces the potential of the harvest, while in the United States in the regions where winter wheat is grown, it will finally rain.   In central Brazil, second-harvest maize crops continue to decline due to the early start of the dry season and rising temperatures to 30-33 o C. The state of Mato Grosso recorded the strongest rainfall deficit in 17 years, with only 30 in April % of the...

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 1800 Peas 9500 360 Corn 6367 ↓ 33 5905 243 2193 ↑ 1425 Rape-seed oil 1300 Sunflower- oil 41000 1296 ↓ 67 1000 Wheat grade II 555 ...

Under the most optimistic conditions, navigation in the Black Sea can be partially resumed in autumn, but only if several conditions are met: an armistice agreement is reached, navigation is ensured, and water is demined. This was stated by the director of the Center for Transport Strategies S. Vovk.   He believes that even if the war stops tomorrow, the ports will not be able to work for another 2 months due to mines in the Black Sea, which require military minesweepers to destroy....

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 1800 Peas 9500 Corn 6550 5996 243 2327 ↑ 1253 Sunflower- oil 41000 1296 ↓ 67 1000 Wheat grade II 555 373 Wheat grade III 6500 270 ...

The Indonesian government's ban on palm oil exports has been a major concern for the market, and new government clarifications have risen sharply.   Indonesia, the world's largest producer of palm oil, is ready to extend a ban on exports of crude oil in the event of a shortage of derived products used in cooking oil. This was announced yesterday at an official meeting of the authorities with processors, although on Monday the government announced a ban on exports of only...

World Bank experts say in a new report that the war in Ukraine will lead to the largest increase in prices for all goods since the 1970s, from natural gas to wheat and cotton.   In Europe, natural gas is becoming more expensive - almost twice as much. In 2023 and 2024, prices will fall slightly, but will remain 15% higher than last year.   According to the World Bank, from April 2020 to March 2022, the largest increase in energy prices was observed in 23 months since the...

Another package of sanctions against Russia, which has waged war against Ukraine, includes an embargo on Russian oil supplies to the EU, which increases pressure on oil prices and, consequently, supports corn prices.   June futures for Brent crude oil at London's ICE Futures after falling 4.2% on Monday rose 2.5% to $ 105 / barrel on Tuesday in anticipation of new restrictions on EU purchases of Russian oil. However, prices are mostly affected by declining demand from China due...