News

The Ministry of Industry and Trade of Jordan purchased 60,000 tons of milling wheat from Buildcom in an international tender on June 2, with delivery on August 16-31 at a price of $276/ton C&F.   The tender planned to purchase 120,000 tons of wheat, but only half of the volume was contracted.   Wheat was also offered at the tender by CHS ($278.8/t, Dreyfus — $282/t, Ameropa — $280/t), but their offers turned out to be uncompetitive.   At the same...

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 FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals6100 ↓ 250Mustard seeds35000Peas11300Coriander32000Corn11370 ↓ 309863 ↑ 269500 ↓ 20224215Soybean hulls granulated150Lupine13000Soybean cake340 ↓...

Demand for sunflower in Ukraine has begun to decline as more and more plants stop for preventive maintenance and preparation for the new rapeseed season.   The decrease in the number of sunflower buyers immediately led to a decrease in purchase prices, which are likely to continue to fall in June.   Over the past week, purchase prices for sunflower (with 50% oil content) in Ukraine decreased by 200-300 UAH/t to 31,300-33,000 UAH/t or $630-660/t excluding VAT. Processors...

Vegetable oil markets are entering a season of increased supply of new crop soybean and rapeseed oil, so buyers are mostly taking a wait-and-see approach, especially against the backdrop of falling oil prices. Brazil and Argentina are increasing supplies of soybean oil, while Malaysia and Indonesia are actively selling the cheapest palm oil on the market.   July Brent crude futures fell 1.2% to $95/barrel during the week, losing 13% over the month, but rose again on Monday amid...

Spring barley accounts for 50% of all agricultural production in Scotland, with more than half of this volume going to the production of malt for the popular Scotch whisky.   However, barley producers are now in the worst situation in decades – malt prices are very low, and demand for it is falling due to reduced whiskey consumption.   Over the past 10 years, Scottish distilleries have been steadily increasing their whisky production, with local farmers growing...

The gradual decline in oil prices (-5.2% per week, -13.5% per two weeks) and improved conditions for corn planting in the US continue to put pressure on corn quotes in Chicago, which fell by 9.2% per month, losing the speculative growth caused by the war with Iran and weather factors.   During the week, July corn futures in Chicago fell 4.2% to $174.8/t (-9.2% month-on-month) and are trading 5.2% lower than a year ago, while December futures fell 2.9% to $186/t (-6.7%...

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 FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals6100 ↓ 250Mustard seeds35000Peas11300Coriander32000Corn1140098379500 ↓ 20225215Soybean hulls granulated150Lupine13000Soybean cake340Chick-peas2400Sunflower oil13001150Wheat...

Favorable precipitation last week, which will continue this week in major wheat-exporting countries, led to a decrease in wheat quotations on exchanges by 2.9-6.2% per week, and in total, prices have already fallen by 3.4-8.2% per month.   Such a sharp drop in quotes and an increase in the harvest forecast in Ukraine (insert link to today's news about the UGA forecast) due to improved weather conditions reduces export prices for Ukrainian wheat.   According to NASS...