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Lower corn harvest forecasts in the EU support corn prices in Ukraine
19.09.2022
Last week, Strategie Grains experts lowered the forecast for corn production in the EU in 2022/23 from 55.4 to 52.9 million tons, which would be 34% less than last year's harvest and 20% less than the initial June forecast of 66.8 million tons. At the same time the estimate of corn imports from Ukraine was increased from 9 to 10.4 million tons compared to 8 million tons in 2021/22 FY. On September 16, the Coceral agency lowered its forecast for the corn harvest in the EU in the...
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Sunflower prices in Ukraine are rising against the backdrop of a low harvest, long rains and rising rapeseed prices
19.09.2022
Last week, rainfall continued in Ukraine, which delayed the harvesting of sunflowers. According to forecasts, the rains will continue for another 5-7 days, which will increase crop losses due to rot, especially in the western regions, where excessive rainfall began as early as August. As of September 15, 924,000 tons of sunflower were threshed from 478,000 hectares or 10% of the area in Ukraine with a yield of 1.93 t/ha, while last year on this date 2.38 million tons of sunflower...
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Purchase prices for grains in Ukraine on September 19, 2022
19.09.2022
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 CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 700 Mustard seeds 44000 Peas 405 Corn 3847 ↓ 963 5900 5027 ↓ 3 185 197 ↓ 13 251 ↑ 2 Soybean hulls granulated 280 ...
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Active export through the Black Sea ports keeps rapeseed prices in Ukraine at a high level
16.09.2022
Purchase prices for rapeseed in the ports of Ukraine remain quite high, despite the decrease in quotations on world exchanges and demand prices from European consumers. International traders increased the volume of purchases in the ports of Odesa and Chornomorsk, as a result of which the purchase prices for rapeseed rose to UAH 17,000-17,500/t or $475-480/t with delivery to the port. While demand prices with delivery to DAP Poland, Romania or Bulgaria during the week decreased to...
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The restoration of the Black Sea ports reduces the trade deficit in Ukraine
16.09.2022
The economy of Ukraine largely depends on the export of agricultural and metallurgical products. That is why the blocking of sea exports and the destruction of three metallurgical plants in Mariupol by Russia almost collapsed the economy of Ukraine, which was avoided only thanks to the active financial assistance of Western countries. Increasing supplies through the Danube ports and the western borders improves the export potential, and the opening of grain corridors from the ports...
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Purchase prices for grains in Ukraine on September 16, 2022
16.09.2022
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 CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 700 Mustard seeds 44000 Peas 7000 339 ↑ 17 Rye 4000 Rye grade II 4500 Corn 3847...
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Scientists believe that the phenomenon of La Niña may last another year, and this will negatively affect crops
15.09.2022
The climatic phenomenon of La Niña may drag on for another year, for the third time in a row, which will increase uncertainty in the global agricultural markets, which are already suffering from unfavorable weather conditions in the main producing countries. Against the background of weather factors, prices for wheat, corn and soybeans remain very volatile with an upward trend. In the Northern Hemisphere, La Niña will continue with a probability of 91% in...
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Corn prices in Ukraine remain in anticipation of increased exports from the Black Sea ports
15.09.2022
The purchase prices for corn in the ports of Ukraine remain at the level of UAH 7,000-7,300/t or $175-200/t, despite forecasts of a sharp reduction in the harvest in the USA and the EU, since significant stocks of the old crop have been accumulated in the ports, and against the background of the successes of the Armed Forces of Ukraine on on the eastern and southern fronts, rumors about Russia blocking the operation of grain corridors after November 1 are intensifying. According to...
