News

Russia is not only fighting against Ukraine, but is destroying its economy by blocking ports and exports, and threatening the civilized world with famine and another wave of refugees due to disruptions in wheat supplies.   The world community and international organizations, including the United Nations, should be more determined to block Ukraine's ports and routes in the Black Sea, but after 96 days of war and the threat of famine, the EU, US, UK and importing countries are just...

Russia's military aggression against Ukraine continues to affect world markets, as it leads to strong price volatility due to the breakdown of logistics chains and the policy of exporting countries to limit exports in order to curb domestic prices.   The Indonesian government announced on May 20 that producers now have to supply part of their refined oil to the domestic market and have 2 million tons in stock under a quota of 10 million tons, while state stocks will be maintained...

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 FCA, UAH DAF, $ CIF, $ Wheat mill offals 1550 Corn 5475 5213 ↑ 80 242 ↑ 1 259 ↓ 20 rapeseed cake 10500 10000 Wheat flour, extra class 10500 Rape-seed oil 1000 Sunflower- oil 40000 1200 Wheat grade II 333 300 Wheat...

Russia's aggression against Ukraine is not only fighting and seizing territories, but also destroying social infrastructure and the economy by blocking exports through Black Sea ports, which hit the metallurgical and agricultural industries the hardest, accounting for 80 percent of foreign exchange earnings.   Exports of agricultural products were partially redirected to the ports of the Danube and the western borders. And metallurgical plants are concentrated mainly in the east...

For 96 days now, Ukraine has been successfully resisting Russia's military invasion, while actively sowing spring crops.   As of May 26, the projected sown areas of the main spring crops for the 2022 harvest in the territory controlled by Ukraine are 14,158.5 thousand hectares, which is 22% or 2,757.8 thousand hectares inferior to last year's figure - 16,916.3 thousand hectares. Sowing of spring crops is carried out in 23 regions, except Luhansk, throughout which there is...

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 FCA, UAH DAF, $ CIF, $ Wheat mill offals 1550 Corn 5475 5133 241 ↓ 2 259 ↓ 20 rapeseed cake 10500 10000 Wheat flour, extra class 10500 Rape-seed oil 1000 Sunflower- oil 1200 ↓ 117 Wheat grade II 6500 333 300 Wheat...

World oil prices rose by 2.8-3% yesterday amid intensified hostilities in Ukraine and confidence in the European Union's embargo on Russian oil in 6 sanctions packages.   July futures for Brent oil yesterday rose 2.8% to the highest level since the end of March at $ 117.25 / barrel, and for WTI oil - by 3% to $ 114.5 / barrel.   Recall that in early March, Brent oil prices reached a maximum of $ 139.13 / barrel, but later declined amid active US action to increase...

In the United States, sowing rates accelerated sharply and almost reached the average 5-year level. Sowing of spring wheat is somewhat delayed due to unfavorable weather in the Northern Plains, but rainfall is increasing, which reduces the state of drought in the region.   In the northern plains in early May there were heavy rains, which stopped last week and allowed to accelerate the sowing of spring wheat, but from next week precipitation will increase. Heavy rains are falling in...