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In the April balance, USDA experts sharply increased the forecast for world production of vegetable oils in 2021/22 MY, including palm, and the assessment of final stocks, given the reduction in exports and processing.   Analysts had expected another drop in the soybean oil production forecast due to reduced soybean yields in South America and a decline in sunflower oil production due to the war in Ukraine, but the increase in the palm oil production forecast surprised the...

The forecast for world soybean production is lowered for the fourth month in a row amid a drought in South America, which leads to lower forecasts of world production of oilseeds. However, due to reduced processing of soybeans in China and sunflower in Ukraine and Russia, world oil reserves will grow.   Compared to the March report, the new balance of oilseeds for 2021/22 MY has undergone the following changes: The forecast for world oil production was reduced by 2.4 million...

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 2800 2800 Rye 8000 Rye grade II 7500 Corn 5000 6581 398 ↓ 54 Sunflower oil cake 7000 Sunflower- oil 1400 Wheat grade III 7090 Rapeseed 2 grade more 35mcm 800 ...

Russia's senseless war against Ukraine is not only steadily increasing the number of victims directly in the conflict zone, but also raising world grain prices, leading to a reduction in trade.   Against the background of long-term port blockade, the forecast for corn exports from Ukraine was reduced by another 4.5 million tons to 23 million tons, while in March it was lowered by 6 million tons.   In the April balance sheet, USDA experts increased their forecast for...

Russia's war against Ukraine has a strong impact on world agricultural markets, while the impact of USDA's monthly reports has declined sharply. Buyers still prefer cheap Russian wheat and refuse to buy expensive European and American wheat, despite financial sanctions and payment and insurance problems.   In the April balance, USDA experts raised estimates of initial stocks, world production and consumption of wheat, but sharply lowered world trade forecasts, which will lead...

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 FOB, $ DAF, $ CIF, $ Wheat mill offals 2800 2800 Rye 8000 Rye grade II 7500 Corn 5000 6525 ↓ 28 398 ↑ 43 Sunflower oil cake 3300 Sunflower- oil 1400 Wheat grade II 360 Wheat grade III ...

During March, 924 thousand tons of grain cargo were transported by railways of Ukraine. V. Tkachev, Deputy Director of the Commercial Work Department of JSC Ukrzaliznytsia, told about this on April 7 at a meeting with representatives of the grain market, Rail.insider reports.   In March, Ukrzaliznytsia loaded 7.97 million tons of cargo, of which 8.6% or 685 thousand tons were grain. At the same time, grain transportation reached 924 thousand tons. This discrepancy is due to the fact...

The war in Ukraine has been going on for 44 days, and remains the main topic of all world news. Particular attention is paid to the importance of Ukraine as a global food supplier, especially given the blocked ports and exports from Ukraine. Military action in the south of Ukraine does not allow for a sowing campaign, as a result of which sowing areas may be reduced by 10-20%. This year's spring weather also supported Ukraine, as cold and frosty March made life difficult for Russian troops,...