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The good harvest of second-harvest corn in Mato Grosso, Brazil's main producer of cereals and oilseeds, is increasing pressure on corn prices. China's decision to start importing corn from Brazil has led to falling prices, and yesterday's speculative collapse in wheat prices in anticipation of unlocking exports from Ukraine accelerated the decline.   It is expected that this year's saffron harvest will not only exceed last year's minimum, but also reach a record...

Turkey has once again acted as a mediator in resolving the Russia-Ukraine conflict, which is hurting the world. In a telephone conversation with Putin, President Erdogan agreed to hold a meeting on June 8 with the participation of Russian Foreign Minister Lavrov on the unblocking of Ukrainian ports. Russia, in exchange for promoting the unimpeded export of grain from Ukrainian ports, is demanding the lifting of Western sanctions against the insurance sector, which is blocking Russian cargo...

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 5198 238 ↑ 3 259 ↓ 20 rapeseed cake 10500 10000 Wheat flour, extra class 10500 Rape-seed oil 90000 1000 Sunflower- oil 40000 35000 1400 ↓ 60 Wheat grade II 333 ...

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...