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Sunflower oil is falling in price amid falling prices for palm and soybean oil
16.04.2024
Oil prices fell slightly yesterday after earlier speculative gains, despite Iran's shelling of Israel on Saturday, as the latter has not yet responded to the attack, and therefore the conflict has not escalated into open military confrontation. Brent June futures on London's ICE Futures exchange rose 0.8% to $90.45/barrel on Friday and fell 0.34% to $90.14/barrel on Monday (-0, 5% per week, +4.5% per month). Oil prices were followed by palm oil and soybean oil...
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Purchase prices for grains in Ukraine on April 16, 2024
16.04.2024
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, $ CIF, $ Wheat mill offals 2750 Peas 13000 11250 Rye grade II 4400 Sugar beet pulp gran 155 Corn 6535 ↑ 10 5531 4469 ↑...
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Purchase prices for grains in Ukraine on April 15, 2024
15.04.2024
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, $ CIF, $ Wheat mill offals 2750 Peas 13000 11250 Sugar beet pulp gran 155 Corn 6520 ↓ 44 5531 ↓ 7 4743 ↑ 14 146 132 199 Flax ...
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The EU increased its imports of rapeseed meal due to increased supplies from the Russian Federation and Belarus
15.04.2024
During the first 8 months of 2023/24, the EU Ministry of Agriculture, against the background of attractive price levels, increased the import of rapeseed meal (especially from the Russian Federation) by 16% to 681.5 thousand tons, which is 95.6 thousand tons higher than the corresponding indicator of the previous season. Own processing of rapeseed does not satisfy the needs within the EU, so it is necessary to import rapeseed meal from third countries. At the same time, the import...
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During the week, the interbank exchange rate of the dollar rose by 1%, but the NBU restrained growth
15.04.2024
Over the last two sessions, the interbank dollar exchange rate rose from 39 to 39.37-39.39 UAH/$ (+1% for the week) against the background of increased tension between Iran and Israel, because in the event of an intensification of hostilities in the region, international aid to Ukraine from from the Western countries will decrease, as it will be sent to Israel. On April 14, Iran attacked Israel with hundreds of UAVs and missiles, 99% of which were shot down by Israel and the forces...
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Weather conditions favor the planting of spring crops in the Northern Hemisphere and the development of crops in South America
15.04.2024
Weather conditions are helping to accelerate planting in the Northern Hemisphere, while rains in South America are improving soybean and corn crop potential. In the Midwest, as well as the Central and Southern Plains of the United States, warm weather with periodic rains favors the sowing of spring crops and the development of winter crops. Temperatures will drop next week and another wave of rain will delay planting but replenish soil moisture reserves, which could lead to more...
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Purchase prices for grains in Ukraine on April 12, 2024
12.04.2024
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, $ CIF, $ Wheat mill offals 2400 185 Peas 12500 13000 10000 Rye grade II 4400 Sugar beet pulp gran 155 Corn 6555 ↓ 14 5504 ...
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USDA experts did not reduce the forecast for corn production in Brazil, which surprised the market
12.04.2024
WASDE's April supply and demand report cut forecasts for global corn production, consumption, exports and stocks, but by much less than analysts expected, surprising the market and sending prices down. The crop forecast for Brazil was left unchanged, although local agencies lowered their estimates, but the USDA usually makes adjustments ahead of harvest. Compared to the March estimates, the new corn balance for the 2023/24 FY has undergone the following...