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Soybean prices remain under pressure from delayed plantings in Argentina and lower canola prices
08.12.2022
Soybeans on the Chicago Stock Exchange, after falling 2.8% at the end of last week, began to rise on Monday, despite the decline in global oil prices, which pressured the quotations of soybean and palm oil and canola. Heat of 30-35 °C in Argentina against the backdrop of a lack of rainfall delays sowing and worsens the condition of early crops, which supports prices. In Ukraine, due to new missile attacks, interruptions in energy supply continue, and the work of some processing...
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Purchase prices for grains in Ukraine on December 8, 2022
08.12.2022
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, $ DAF, $ CIF, $ Wheat mill offals 3100 160 Mustard seeds 65000 Peas 5552 Coriander 35000 Corn 7350 ↓ 50 6631 ↑ 42 4500 5253 203 ↑ 3 192 ↓...
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The corn market in the second half of the season will be very interesting
07.12.2022
According to forecasts, the world corn production in 222/23 MR will decrease compared to the previous season from 1.217 to 1.168 billion tons, but will exceed the 1.13 billion tons of the 2020/21 season. However, the delay in corn harvesting in Ukraine and sowing in Argentina due to drought may lead to forecast adjustments in the near future. In the December USDA report, the harvest estimate for Ukraine will definitely be lowered, since as of December 1, due to unfavorable weather,...
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Sunflower prices in Ukraine were supported by a decline in harvest forecasts in the Russian Federation
07.12.2022
This week, Russia continued intensive missile attacks on the civilian infrastructure of Ukraine, which led to disruptions in energy supply and the shutdown of many enterprises, including oil extraction plants. Interruptions in the work of the MEZs and unstable actions of ships to the ports of the Black Sea reduce the amount of sunflower processing, which does not allow prices to reach their maximum against the background of a low harvest. During the week, purchase prices for...
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Purchase prices for grains in Ukraine on December 7, 2022
07.12.2022
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, $ DAF, $ CIF, $ Wheat mill offals 3100 160 Mustard seeds 65000 Peas 5552 ↑ 1449 Coriander 35000 Corn 7375 ↓ 25 6589 4500 5238 ↑ 1 203 ↑ 3...
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Soybean oil prices fall amid shrinking prospects for US biodiesel consumption
06.12.2022
The decision by the US Environmental Protection Agency (EPA) to increase the share of biofuel use by only 1% in 2023/25 and to allow the use of rapeseed (canola) oil for biodiesel production collapsed soybean oil quotes, which were well above the prices of palm and sunflower oil . January futures for soybean oil in Chicago fell by 16.8% during the week, in particular by 4.3% yesterday to $1,377/ton, which corresponds to the level before the beginning of the war between the Russian...
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Wheat quotes started the week with a fall of 2.3-3.3% on forecasts of an increase in the harvest in Australia
06.12.2022
Wheat quotations on world exchanges yesterday fell by 2.3-3.3%, and in general for the week - by 4.3-8.4% against the background of a decrease in demand for American and European wheat and an increase in the forecast of the harvest in Australia. According to the estimates of the federal agency ABARES, despite severe floods in the east of Australia, wheat production in 2022/23 will reach a record 36.6 million tons, which will exceed the previous record of 2021/22 by 1% and 2 million...
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Purchase prices for grains in Ukraine on December 6, 2022
06.12.2022
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, $ DAF, $ CIF, $ Wheat mill offals 3100 160 Mustard seeds 65000 Peas 4103 Coriander 35000 Corn 7375 ↑ 275 5779 ↓ 7 5220 203 ↑ 3 218 ↓ 4...
