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Strategie Grains experts have raised the forecast for the EU soft wheat and barley harvest in 2025/26 MY
20.01.2025
Experts from the consulting agency Strategie Grains have increased (compared to December estimates) the forecast for the EU soft wheat harvest in the 2025/26 MY from 126.6 to 127.2 million tonnes, and barley - to 50.5 million tonnes, although the area sown with spring barley will decrease. This was facilitated by good weather conditions in Germany and Poland, - reports Reuters. At the same time, Strategie Grains expects an increase in corn sowing areas, which, against the...
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Egypt's change in wheat procurement system makes tracking a major segment of global grain trade very difficult
20.01.2025
Egypt has not traditionally held public tenders, but traders have had information about offers and sales, giving insight into a sector where physical business is largely conducted privately. But in recent months, after the replacement of the purchasing agency, such information has become unavailable. Traders are now unable to determine the volumes, prices and origins of grain being sold by competitors. In early December, GASC announced that the procurement will be handled by the...
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Purchase prices for grains in Ukraine on January 17, 2025
17.01.2025
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, $ DAF, $ CIF, $ Wheat mill offals 5750 Mustard seeds 25000 25000 Peas 14250 350 Buckwheat 14500 Coriander 21500 Corn 9725 ↑ 12 8809...
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Rains in Argentina, frosts in the US and harvest in Brazil will affect markets this week
17.01.2025
Temperatures will warm across the U.S. , especially in the Northeast, on Thursday and Friday, but a new front will bring snow and rain over the weekend, bringing a new wave of cold air that will last for at least a week. This could lead to losses to winter crops that don't have enough snow cover. The cold front will spread to the southern regions next week. In central and northern Brazil, the rainy season is continuing, which is favorable for soybean planting. But the harvest...
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In 2025, the area sown with soybeans and rapeseed will decrease in Ukraine, but the area under corn will increase
17.01.2025
In 2025, the area under soybean and rapeseed crops in Ukraine will decrease, but the area under corn will increase. This was reported by the Ukrainian Association of Agrarian Business (UKAB) on January 15. As explained by Svitlana Lytvyn, head of the analytical department of UCAB, changes in the crop structure are largely due to the influence of the world market. "In 2022–2023, soybeans remained almost the only profitable crop due to the favorable situation on the...
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IGC experts lower grain production forecast for 2024/25 MY
17.01.2025
In a January report, IGC experts lowered their forecast for global grain production in 2024/25 MY by 7 million tonnes to 2,305 million tonnes and consumption to 2,335 million tonnes compared to December estimates due to the active use of grain for food and ethanol. The forecast for carryover stocks was reduced by 3 million tonnes to 573 million tonnes, primarily for barley and maize. Global grain trade is expected to increase by 1% to 420 million tonnes, which is 8% lower than in 2023/24 MY,...
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Purchase prices for grains in Ukraine on January 16, 2025
16.01.2025
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, $ DAF, $ CIF, $ Wheat mill offals 5750 Mustard seeds 25000 25000 Peas 14250 350 Buckwheat 14500 Coriander 21500 Corn 9713 8773 ↑ 89...
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Rainfall forecasts in Argentina halted soybean price growth, which will affect prices in Ukraine
16.01.2025
Dry weather in Argentina in the last two weeks and an unexpected decrease in the forecast for the soybean harvest in the US significantly supported soybean prices on world exchanges, which strengthened export demand in Ukraine. During the week, export demand prices for GMO soybeans with delivery to Black Sea ports increased by $5-10/t to $375-380/t or UAH 17,800-18,100/t, although processors with significant stocks left prices at UAH 16,800-17,500/t with delivery to the...