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Exchange prices for corn are rising on forecasts of a decline in the harvest in Ukraine and the EU
26.07.2022
Lack of precipitation and heat waves in May and June significantly reduced the potential of the corn harvest in the EU. That is why the experts of the MARS monitoring agency in their July report reduced the estimates of corn, soybean and sunflower production in the EU in 2022 by 8-9%. Forecasts have been lowered the most for spring crops due to much longer than usual dry weather across much of Europe. At the same time, winter crops, which are already starting to be harvested, were...
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Purchase prices for grains in Ukraine on July 26, 2022
26.07.2022
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, $ FOB, $ DAF, $ CIF, $ Vetch 2900 Wheat mill offals 1100 ↓ 200 Mustard seeds 30000 1350 Peas 4000 Rye 4000 Rye grade II ...
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Ukraine will continue to work on unblocking the ports even despite the missile attack on Odesa
25.07.2022
On the second day after the signing of the agreement on the restoration of the safe export of grain from the ports of Ukraine, Russia launched a missile attack on the port of Odessa. With this, she confirmed the worthlessness of her government's promises regarding security guarantees and the desire to solve only her issues related to the export of grain and fertilizers. In addition, the Russian Federation tried to write into the agreement a complete ceasefire in the south in order to stop...
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Wheat quotations collapsed on hopes of unblocking Ukrainian ports
25.07.2022
On Friday, wheat quotations on world exchanges fell by 5-7.7% against the background of the signing of an agreement in Istanbul, which will allow unblocking the export of grain from Ukraine. But already on Saturday, Russia attacked the port of Odesa with four missiles, 2 of which shot down anti-aircraft defense, and 2 destroyed the infrastructure of the port and led to a fire. This sharply reduced the optimism of traders, who realized that against the background of its own large...
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Purchase prices for grains in Ukraine on July 25, 2022
25.07.2022
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, $ FOB, $ DAF, $ CIF, $ Vetch 2900 Wheat mill offals 1300 Mustard seeds 30000 1350 Peas 4000 Rye 4000 Rye grade II 4000 ...
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Prices for oilseeds remain under pressure from rising supply
22.07.2022
Oil markets remained oversupplied and uncertain this week, with demand prospects due to rising covid-19 cases in China and Japan, as well as possible lower oil prices if OPEC+ raises production quotas. Palm oil, the most sensitive to oil price movements, initially rose sharply this week, but eased towards the end of the week and was up 3.7% overall since Friday at 3,720 ringgits per tonne, or $836 /t, which is still 11.8% lower than two weeks ago. Huge palm oil supplies from...
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The International Grains Council (IGC) lowered its forecasts for soybeans and corn, but raised slightly for wheat
22.07.2022
The International Grains Council (IGC) cut its forecast for world corn production this year, mainly due to drought in the European Union. IGC reduced the forecast of world corn production by 1 million tons to 1.189 billion tons, which is 31 million tons (2.5%) less than last year. (1.186 billion tons July USDA forecast). The IGC raised its forecast for world wheat production in 2022 by 1 million tons to 770 million tons, which is 11 million tons (1.4%) less than last year...
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Purchase prices for grains in Ukraine on July 22, 2022
22.07.2022
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, $ FOB, $ DAF, $ CIF, $ Vetch 2900 Wheat mill offals 1300 Mustard seeds 30000 1350 Peas 4000 Rye 4000 Rye grade II 4000 ...
