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Experts of the Food and Agriculture Organization (FAO) in a new report reduced the forecast of world grain production in 2021 by 6.7 million tons to 2.79 billion tons, which will still be a record level and by 0.8% or 21.5 million tons will exceed the figure of 2020.   The most significant thing in the new report was the decrease in the forecast of global wheat production by 6.3 million tons to 770.4 million tons, which is 6.1 million tons lower than last year's figure, due to a...

The main weather factors affecting the crop markets remain drought in Ukraine and Russia and favorable weather for sowing in Argentina and Brazil. Warm weather returns to the United States and Europe after the rains, which will allow harvesting and sowing to be completed, and will contribute to the development of crops.   In Ukraine,the development of most winter crops is delayed by 1-2.5 weeks compared to long-term indicators, and there are no shoots on late crops. The prolonged...

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 30000 Peas 10050 9700 9700 320 315 Buckwheat 23000 Rye 200 Corn 7809 ↓ 105 6953 ↓...

A sharp drop in oil prices on Wednesday led to lower prices for corn and other agricultural crops, which updated their next highs the day before.   January Brent crude futures on the ICE Futures Europe exchange fell 3.2% to 8 82/barrel, while December WTI crude futures on the New York NYMEX exchange fell by 8 80.8/barrel and continue to fall in price.   The main reason for the fall in prices was the news about Iran's resumption of negotiations on a nuclear program that...

The cost of using railcars is growing due to the inability of Ukrzaliznytsia to meet the demand for freight transportation, "said Alexander Tkachuk, chairman of the railway transport committee of the Ukrainian logistics Alliance Association.   In his opinion, Ukrzaliznytsia, being a monopolist, raises the cost of car rates at electronic auctions, taking advantage of the demand from customers who are forced to agree to tariffs, since they have obligations under...

Against the background of rapid growth in World quotations for the week in Ukraine, purchase prices for wheat in ports increased by 2 20/ton to a record 3 315/ton.   Prices for Russian and Black Sea wheat rose at the end of the tender in Egypt, while prices for Ukrainian wheat are additionally supported by a sharp rise in the cost of Transportation, which almost stopped the delivery of goods to ports.   According to the State Customs Service, Ukraine exported 12.538...

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 9700 320 Buckwheat 24000 23000 Rye 200 Corn 7939 ↑ 39...

Harvesting soybeans in the United States and sowing them in South America are increasingly putting pressure on prices, especially given the low demand for American soybeans from China.   In the United States, as of October 31, soybeans were harvested at 79%, up from 86% last year and 81% on average over 5 years. Last week's rains somewhat delayed harvesting, but the dry and warm weather expected in the coming days will speed up work.   Experts are raising forecasts for...