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On the eve of the negotiations on the grain agreement, Ukraine received the support of China and provided insurance for ships entering Ukrainian ports
27.02.2023
Ukraine continues negotiations with the UN and Turkey regarding the extension of the "grain agreement" after March 19 for at least a year, and not for 120 days, as before, and uses all possible levers of pressure on the Russian Federation. In addition, Ukraine proposes to include in the agreement the possibility of exporting from Mykolayiv ports, and to the list of products shipped through the corridor - ore and metal. On February 24, China published its plan for the...
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Purchase prices for grains in Ukraine on February 27, 2023
27.02.2023
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 2300 ↑ 150 Mustard seeds 60000 1240 Peas 7505 ↓ 125 275 ↓ 11 Rye 6000 188 ↓ 12 Rye grade II ...
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Heat in Argentina continues to lower soybean and corn crop forecasts
24.02.2023
Dry and hot weather continues to negatively affect soybean and corn crops in Argentina. In the next 7-10 days, temperatures will again exceed 30 o C, and precipitation is not forecast. As a result of the difficult weather conditions in the country, the experts of the Grain Exchange of Buenos Aires (BAGE) on February 22 again lowered their forecasts for the production of soybeans and corn. According to their data, during the week, the number of soybeans in good or excellent...
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Egypt bought wheat $5/t cheaper than at the previous auction, which increases the pressure on global quotations
24.02.2023
Egypt's state-owned operator GASC bought wheat at the tender at a price $5.3/t lower than the previous auction, adding further pressure on stock prices, which continue to fall, amid weak global demand. The tender offered 7 batches of Russian wheat at a price of $317.5-332.4/t, 5 batches of Romanian wheat at a price of $321.7-339/t, 2 batches of Bulgarian wheat at a price of $324.77-328.5/t t, 1 lot of Ukrainian wheat at $329/t, 1 lot of French wheat at $341.9/t (all on a...
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Purchase prices for grains in Ukraine on February 24, 2023
24.02.2023
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 2150 Mustard seeds 60000 1240 Peas 7630 275 ↓ 11 Rye 6000 188 ↓ 12 Rye grade II 6000 ...
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Palm oil futures rise amid a new heat wave in Argentina
23.02.2023
May palm oil futures in Malaysia rose 1.71% to a 7-week high of 4,212 ringgit/t or $949.9/t on Wednesday amid lower palm oil output and heightened concerns about the loss of part of Argentina's soybean crop due to a new heat wave. According to forecasts, in the next 10 days, heat is expected in Argentina with temperatures above 30 o C and little precipitation, which will intensify the drought and worsen the prospects for the future harvest of soybeans and...
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Declining rapeseed oil and meal prices in China will soon increase the pressure on the rapeseed market
23.02.2023
Forecasts of a decline in demand for canola oil and meal in China amid increased supply of soybeans on the world market will increase pressure on canola prices in the near future. After the Spring Festival, demand for oils and fats in China has decreased significantly, with canola oil falling the most among all types of oil, while canola meal may pick up slightly in the spring. Currently, rapeseed oil demand prices are at RMB 10,000/t, or $1,450/t, but will continue to...
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Purchase prices for grains in Ukraine on February 23, 2023
23.02.2023
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 2150 Mustard seeds 60000 1240 Peas 7630 ↑ 2370 275 ↓ 11 Rye 6000 188 ↓ 12 Rye grade II 6000 ...
