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In the July balance sheet, USDA experts lowered forecasts for global production and stocks of oilseeds in FY 2022/23, in particular soybeans in the United States, as well as estimates of imports and consumption of soybeans in China, which led to a sharp drop in prices for oilseeds and their processing products.   In comparison with the June report , the oil balance for 2022/23 MR underwent the following changes: The forecast for world production of oilseeds was reduced by 3.75...

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, $ DAF, $ CIF, $ Vetch 2900 Wheat mill offals 1600 Mustard seeds 30000 1350 Green peas 20000 Corn 3596 160 214 ↑ 5 262 ↑ 9 Flax ...

The expectation of a recession in the world economy and the withdrawal of funds from commodity assets by investors increases the pressure on world prices for grain and oil crops. Wheat prices also declined, even as global production and ending stocks were downgraded.   The wheat balance for the 2022/23 MR has undergone the following changes compared to the June report: The estimate of initial reserves was increased by 0.7 million tons to 280.1 million tons (291.57 million tons...

Pessimism in the world markets, caused by the slowdown in the development of the world economy due to new outbreaks of Covid-19 and a possible economic crisis in the EU, and in particular in Germany, due to the stoppage of gas supplies from Russia, led to the collapse of oil prices.   September futures for Brent oil fell 7.8% yesterday to the lowest level since April - 99.51 $/barrel, and for WTI oil - 7.9% to a 3-month low of 96.48 $/barrel. Against this backdrop, corn also fell...

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, $ DAF, $ CIF, $ Vetch 2900 Wheat mill offals 1600 Mustard seeds 30000 1350 Green peas 20000 Corn 3569 160 214 ↑ 5 250 ↓ 3 Flax ...

Corn prices continue to rise against the background of hot weather in southern and southeastern Europe and a lack of precipitation in southern and central Ukraine, as well as forecasts of increased heat in the United States over the next 2 weeks.   Traders expect little change in USDA's July corn balances due today, except for a slight increase in the U.S. production forecast due to expanded plantings.   According to the data of the Grain Exchange of Buenos Aires, as...

Rape and canola prices fell to "pre-war" levels last week, but have risen 5% over the past three sessions amid recovery in oil and palm oil prices.   The Indonesian government has decided to increase the biodiesel blending mandate from the current B30 to B35 (biodiesel content of 35%) from July 20, which will increase domestic consumption of palm oil.   This will lead to further gains in palm oil futures, which stabilized at 4,150 ringgit/t or $937/t last week,...

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, $ DAF, $ CIF, $ Vetch 2900 Wheat mill offals 1600 Mustard seeds 30000 1350 Green peas 20000 Corn 3569 160 196 ↑ 5 248 ↓ 3 Flax ...