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Rising oil prices in recent weeks have led to an increase in the cost of agricultural products used in the production of biofuels. Palm oil prices updated the record last week, rapeseed futures - earlier this week, and canola prices yesterday reached a record 1000 CAD/ton.   Lower oil prices have already led to an adjustment in palm oil prices, December futures for which reached a record 5,071 ringgit/t or.1,222/t on October 20, and at the end of the week fell to 4,929 ringgit/t or....

Active harvesting of late crops in the Northern Hemisphere and obtaining projected yields of soybeans, sunflowers and corn increase pressure on prices, especially given the increase in precipitation in Brazil, where a sharp increase in soybean and corn production is expected this season due to the expansion of sowing areas.   Dry weather in Ukraine, Russia and Argentina negatively affects winter wheat crops and reduces the potential of the future harvest, which has become a new...

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, $ FOB, $ DAF, $ Wheat mill offals 4500 Mustard seeds 18000 30000 Peas 9800 8900 9467 320 315 Buckwheat 24000 23000 Rye 200 Corn 7711 ↑ 91...

After updating a 3-year high on Tuesday, December Brent crude futures on the ICE Futures Europe exchange fell 3.6% to 8 83.43/barrel yesterday on news of an increase in the incidence of covid-19 in Europe and the emergence of new cases in China, as well as against the background of the resumption of negotiations with Iran on a nuclear program.   The fall in oil prices will increase pressure on the quotes of corn, which last week after oil rose in price by 3.7%.   December...

Yesterday morning, wheat prices on global stock exchanges fell amid uncertainty with further demand caused by an increase in the incidence of covid-19 around the world, especially new cases in China. However, at the end of the session, prices received support from the results of the tender in Egypt.   On October 27, the state Egyptian Agency GASC purchased 360 thousand tons of food wheat for delivery on December 1-10 at an average price of F 328.05/ton FOB or С 359.94/ton C&F,...

Yesterday, the state-owned Egyptian Agency GASC held the second tender in October for the purchase of food wheat, the purchase price of which rose again following the increase in world prices.   Compared to the previous auction, the number of submitted bids increased to 12, in particular, Russian wheat – 6 pieces, Ukrainian – 4,Romanian – 2. the cheapest on the FOB basis was Russian wheat, which was offered at 3 327-341.99/ton, while the average offer price of...

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, $ FOB, $ DAF, $ Wheat mill offals 4500 Mustard seeds 18000 30000 Peas 9800 8900 9467 320 315 Buckwheat 24000 23000 Rye 197 Corn 7620 ↑ 10...

Against the background of another increase in prices for vegetable oils, importing countries began to reduce import duties on them, sometimes to zero, in order to reduce domestic food prices.   Following India, the Turkish government decided to zero duties on imports of raw sunflower oil and safflower seeds by the end of the year.  At the same time, the country has a zero duty on the import of sunflower seeds.   According to Oil World experts, the Pakistani government...