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The FAO food price index fell for the sixth month in a row
10.10.2022
The average value of the FAO Food Price Index (FPI) fell for the sixth consecutive month, falling 1.1% or 1.5p in September from August to 136.3p, down 5.5% or 7.2p exceeds the indicator of September 2021. At the same time, the CPI value for grain grew by 1.5% or 2.2 p to 147.8 p compared to August, which is 11.2% or 14.9 p higher than the September 2021 figure. World wheat prices rose by 2.2% in September due to uncertainty regarding the operation of grain corridors in the Black...
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Active export of vegetable oils from Ukraine contributes to the recovery of prices
10.10.2022
The war of the Russian Federation against Ukraine has been going on for the eighth month, which has led to the death of hundreds of thousands of people and the destruction of the economy and infrastructure, especially in the east and south. But Ukraine continues to fight and win. The oil and fat industry of Ukraine provides more than 20% of foreign exchange earnings, therefore the rapid reorientation of exports from closed ports to the western borders supported the work of...
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Purchase prices for grains in Ukraine on October 10, 2022
10.10.2022
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 EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 700 Mustard seeds 65000 Coriander 35000 Corn 3550 5238 195 215 210 ↓ 4 250 ↑ 4 Sunflower oil cake 2000 Oats 4800 ...
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The low rate of export sales from the USA is putting pressure on stock market quotations
07.10.2022
Quotations for wheat, soybeans and corn on the US exchanges fell sharply yesterday against the background of data on the low volume of export sales, and even forecasts of a decrease in the harvest of soybeans and corn could not support them. Favorable weather in the U.S. is speeding up soybean and corn harvests and increasing supply, while export demand is shrinking due to a global economic slowdown and increased competition from cheaper soybeans and corn from South America. In...
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Rains in Brazil improve prospects for soybean and corn production, while Ukraine accelerates harvest
07.10.2022
The weather in the main grain exporting countries favors the sowing, growing and harvesting of grain and oil crops. The attention of analysts is now focused on South America, where sowing of soybeans and corn has begun. In Brazil, the rains that have already passed and will continue will ensure good soil moisture, which will allow to increase the area sown to the planned levels and, in case of favorable conditions, to obtain record harvests. Analysts have raised the forecast for...
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Purchase prices for grains in Ukraine on October 7, 2022
07.10.2022
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, $ Wheat mill offals 700 Mustard seeds 65000 Coriander 35000 Corn 3550 5238 192 215 213 ↓ 1 250 ↑ 3 Oats 4800 ...
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OPEC+'s decision to increase production supports oil, rapeseed and corn prices
06.10.2022
The OPEC+ countries supported the decision proposed by Saudi Arabia and the Russian Federation to cut oil production by 2 million barrels/day starting in November, which led to a further increase in quotations. The United States reacted negatively to this, which is trying to limit the prices of oil and agricultural crops in order to slow down inflation and support the world economy. The White House called such a decision "a mistake that shows that OPEC+ has followed Russia's...
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The delay of the vessels reduces the demand for wheat in Ukraine, but prices have the potential to rise
06.10.2022
Against the backdrop of significant shipping costs, demand prices for wheat in Ukrainian ports remain at the level of $200-240/t FOB, although world prices reach $290-330/t FOB. Recently, representatives of the Russian Federation conducting a joint inspection of ships that are heading through grain corridors deliberately slow down the inspection. This increases the idle time of vessels and, accordingly, the cost of their freight. Due to the delay of the ships, some terminals have stopped...
