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After a long fall, wheat quotes rose by 4-5.5% on forecasts of a reduced harvest
08.07.2022
After a long decline yesterday, wheat prices on world exchanges rose by 4-5.5%, as traders took into account forecasts of lower harvests in North Africa and Europe due to drought. In one month, wheat prices in Chicago fell by 37% and reached pre-war levels on July 6, although exports from Ukraine remain blocked, and the forecast for wheat production in the country in 2022/23 MR is 20-21 million tons, which is 50% less than last year. The Ukrainian Grain Association...
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Purchase prices for grains in Ukraine on July 8, 2022
08.07.2022
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 FCA, UAH CPT terminal, $ DAF, $ CIF, $ Vetch 2900 Wheat mill offals 1600 174 Mustard seeds 30000 1350 Green peas 20000 Corn 3676 207 270 ↓ 15 Flax 15000 Wheat flour, extra class ...
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Ukraine exported a record amount of sunflower, but will cut production in half in the new season
07.07.2022
Russia's military aggression caused the greatest damage and destruction to the Russian-speaking eastern and southern regions of Ukraine, where sunflower production was concentrated. And it is this crop that provides almost half of Ukraine's agrarian foreign exchange earnings. According to NASA Harvest analysts (a program on food security and agriculture), approximately 22% of Ukraine's agricultural land is currently occupied, as a result of which the sunflower sowing...
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Grain export from Ukraine in 2021/22 MR reached 61.52 million tons, and in 2022/23 MR will decrease by half
07.07.2022
Russia's military aggression continues to destroy the economy of Ukraine, in particular the agricultural sector, and the blocking of exports causes significant losses to farmers and leads to a reduction in production. The Ministry of Agrarian Policy reports that in 2021/22 FY Ukraine exported 61.52 million tons of grain and oil crops for a total amount of $22.2 billion, in particular: wheat – 18.7 million tons worth $4.8 billion, corn - 23.54 million tons for $5.8...
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Purchase prices for grains in Ukraine on July 7, 2022
07.07.2022
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 FCA, UAH CPT terminal, $ DAF, $ CIF, $ Vetch 2900 Wheat mill offals 1600 174 Mustard seeds 30000 1350 Green peas 20000 Corn 3806 207 282 Flax 15000 Wheat flour, extra class ...
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Wheat quotations fell by another 4-6%, and wheat in the USA fell to pre-war levels
06.07.2022
On world markets, pessimistic sentiments are intensifying due to expectations of economic recession and a drop in demand, so all product groups are rapidly falling in price. Following the drop in oil prices by 8-10%, wheat quotations dropped by another 4-6% yesterday. Statistics Canada's StatsCan forecasts that wheat acreage will increase by 8.7% from last year to 25.395 million acres, thanks to a 10.5% increase in spring wheat acreage. According to NASS USDA data,...
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Oil and other commodity prices are falling on expectations of a recession and a new lockdown in China
06.07.2022
Traders are actively selling commodity assets in anticipation of a recession and a drop in global demand. As a result, after a long weekend, the prices of oil, grain and oilseeds fell sharply on the US stock exchanges yesterday. September futures for Brent oil fell 10% to $102.9/barrel yesterday, and WTI oil fell 8.7% to $99.6/barrel, losing 13.7% and 16.4% for the month % respectively. The main reasons for the collapse of quotations were: Rapid strengthening of...
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Purchase prices for grains in Ukraine on July 6, 2022
06.07.2022
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 1600 174 Mustard seeds 1350 Corn 3806 180 208 ↓ 2 282 ↓ 3 Wheat flour, extra class 335 Oats 5000 ...
