News

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...

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 9033 25000 Peas 8950 8300 ↑ 33 8817 230 Buckwheat 19375 ...

The fall in prices for soybeans and corn on the US stock exchanges, which began on Monday, continued yesterday, which increased pressure on wheat quotes.   The soybean and corn markets are under pressure from the updated review of corn, soybean, sorghum, sunflower and canola areas announced by NASS experts on September 10, although it is usually published in October. Analysts expect that the final areas of sowing and harvesting of soybeans and corn in the United States may be higher...

The south-east of the United States was hit by the most powerful hurricane Ida in the last 16 years, which stopped the operation of oil rigs, oil and grain terminals, damaged equipment. However, grain prices did not react to this event and continued to decline.   The impact of hurricanes on the oil market is short-lived, as before bad weather, enterprises evacuate personnel and conserve capacity, and after 1-2 weeks they gradually resume work. At the same time, the decrease in...