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Most experts expected that corn prices would rise to the level of the previous season against the background of rising wheat prices, but favorable weather conditions for the development of crops in the United States, Ukraine and the EU over the past month have increased pressure on quotes.   In the USDA report on acreage announced on September 10, which is usually published in October, soybean and corn sowing areas may be increased to the levels that analysts predicted back in the...

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 10000 Wheat mill offals 4400 Mustard seeds 27000 Peas 9250 ↑ 200 8850 ↑ 533 8867 Buckwheat 19375 ...

In the new report, FAO experts lowered their forecast for global grain consumption in 2021/22 MG by 1.7 million tons to 2,809 million tons, which is still 1.4% or 40.1 million tons higher than in 2020/21 mg and will be a new record.   The forecast for wheat consumption was lowered by 2.2 million tons to 777 million tons, which is 2.4% or 18.5 million tons higher than in my 2020/21. The forecast for wheat consumption for feed has been lowered due to lower supply and higher prices for...

On Thursday and Friday, wheat prices recovered from the fall at the beginning of the week, which stopped the decline in prices for Black Sea wheat.   SovEcon experts lowered their forecast for the wheat harvest in Russia from 76.2 to 75.4 million tons due to low spring wheat yields in the Volga region and beyond the Urals.   As of September 3, 66.9 million tons of wheat with a yield of 2.97 t/ha were threshed in Russia from 22.5 million hectares or 78% of the area. It...

Last week, the trend of an increase in the dollar exchange rate by the middle of the week was repeated again, followed by a fall. On Thursday, the dollar exchange rate reached 27.05/27.04 UAH/ грн, but on Friday it decreased, and only the purchase of excess currency by the National Bank stopped the strengthening of the hryvnia.   In general, during the week, the dollar rose from 26.84/26.86 UAH/. to 26.87/26.89 UAH/. against the background of a significant volume of currency...

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 10000 Wheat mill offals 4400 Peas 9050 ↑ 100 8200 8867 ↑ 50 Buckwheat 19375 Rye 5000 Corn 7313 ...

Yesterday, the Egyptian GASC agency held two tenders: for the purchase of local and imported vegetable oils, as a result of which it purchased 63 thousand tons for delivery from October 20 to November 5 at lower prices than at previous tenders.   Seasonal declines in prices for sunflower and soybean oil are increasingly boosting importers in purchasing, but importers expect further price declines.   The bid prices for this tender were lower than the bid prices for the...

Last week, all major grain-producing countries had favorable weather conditions for ripening and harvesting, as well as the start of new sowing. Especially pleased with the favorable precipitation in South America, which will improve the condition of wheat crops in Argentina and Brazil.   In the United States, Hurricane Ida brought destruction to the Gulf of Mexico, as well as heavy precipitation on the entire east coast, but they did not cause flooding or damage to...