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Sunflower prices in Ukraine are increasing against the backdrop of increased export of seeds and processed products
23.11.2022
The invigoration of ships entering the Black Sea ports and the pace of sunflower exports are forcing processors to step up purchases and raise prices, given the shortage of offers from farmers. The Joint Coordination Center reports that as of November 22, 76 ships are waiting for permission to enter the ports of Ukraine through the grain corridor (although at the beginning of the month there were 175), and another 33 loaded ships are being prepared for inspection in Turkish...
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The Egyptian GASC purchased 65.8 thousand tons of vegetable oils at a reduced price
23.11.2022
The state-owned Egyptian operator GASC yesterday held a tender for the purchase of 40,000 tons of vegetable oils for delivery on January 10-31, 2023, where, thanks to the drop in world prices, it purchased 65,750 tons of oil at a much lower price than in previous auctions. At the tender, where it was planned to purchase 30 thousand tons of soybean oil and 10 thousand tons of sunflower oil, 7 applications were submitted for the supply of sunflower oil in batches of 5.75-15 thousand...
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Purchase prices for grains in Ukraine on November 23, 2022
23.11.2022
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 ↓ 827 160 Mustard seeds 65000 1190 Peas 8700 ↓ 500 9000 290 Rye 5000 220 Coriander 35000 Corn 7250...
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The delay in harvesting corn in Ukraine will lead to a sharp rise in prices in the near future
22.11.2022
The probability that part of the corn crop in Ukraine will remain in the fields for the winter is increasing. Heavy autumn rains slowed harvesting and increased corn moisture to 28-32%, which, against the backdrop of high drying costs and low corn prices, makes harvesting impractical. The snow that fell in mid-November stopped field work altogether, and similar weather will continue for at least another two weeks. In Ukraine, as of November 18, 12.3 million tons of corn were...
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The activation of exports from Black Sea ports is returning exporters to the wheat market
22.11.2022
Purchase prices for wheat in Ukraine are gradually returning to the level of September-October, when Russian inspectors have not yet begun to artificially block ore ships in the grain corridor. Despite the current delay in the approach of ships for 2-3 weeks due to queues for inspection, traders are already planning to export wheat for the next 3-4 months, given that farmers will postpone the sale of part of the crop to spring. In the ports of Ukraine, export demand...
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Purchase prices for grains in Ukraine on November 22, 2022
22.11.2022
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 3927 160 Mustard seeds 65000 1190 Peas 9200 9000 290 Rye 5000 220 Coriander 35000 Corn 4950 5195 ...
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An increase in the number of cases of covid in China increases the pressure on the prices of oil and vegetable oils
21.11.2022
Oil prices tumbled 9.7-11% last week amid a slowdown in the global economy due to high interest rates and a tightening of monetary policy by the Fed, as well as expectations of reduced oil demand due to the spread of Covid-19 in China. Following them, prices for vegetable oils fell, in particular, palm oil fell in price by 11.3% for the week. January Brent oil futures during the week fell by 9.7% to $87.6/barrel (-4.2% for the month), and December WTI oil futures fell by 11.2% to...
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Ukraine is finishing harvesting soybeans and sunflowers, but corn has been threshed on only 50% of the area
21.11.2022
As of November 18, 62.32 million tons of major agricultural crops were harvested in Ukraine from 16.79 million hectares or 81% of the area. We will remind that in 2021 the harvest of grain, leguminous and oil crops in Ukraine amounted to a record 106 million tons, in particular oil crops - 22.6 million tons, and grain and leguminous crops - 84 million tons (32.4 million tons of wheat, 40 million tons corn, 10 million tons of barley, 581.5 thousand tons of peas, 191 thousand tons of millet, 110...
