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Decreasing freight costs from Ukraine's deep-water ports allow traders to increase purchase prices
16.01.2025
The maritime transportation market is experiencing a surplus of available vessels and a shortage of new cargo, which is contributing to a decrease in freight rates from deep-water ports of Ukraine, analysts at Spike Brokers report. "Yes, freight rates for hand-sized cargoes to Italy have fallen to $16-17/t, and to Spain to $17-19/t. At the same time, freight rates for barges from Danube ports remain stable," the report says. As of January 15, market rates for...
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Rebooking employees through Diya has been simplified
16.01.2025
On January 14, the Cabinet of Ministers adopted a decision that simplifies the process of booking employees through the Diia portal. From now on, enterprises do not need to wait 72 hours to update the booking, the Ministry of Economy reports. This rule will be in effect from January 22 to March 1 for businesses that have updated their critical status. Employee bookings will be done in real time. As noted by the ministry, such changes will solve problems associated with...
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Purchase prices for grains in Ukraine on January 15, 2025
15.01.2025
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 ↑ 750 350 ↑ 50 Buckwheat 14500 Coriander 21500 Corn 9713...
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Significant export demand keeps wheat prices in Ukraine high
15.01.2025
Ukraine's wheat exports were lower in December and January than last year, reflecting a decline in export demand due to rising prices. But competition between exporters and processors for quality wheat is intensifying as farmers curb sales. In the 2024/25 MY, Ukraine exported 10.26 million tons of wheat, which is 25% higher than last year's corresponding figure of 8.2 million tons. At the same time, 344 thousand tons of wheat were exported in the first two weeks of January,...
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Markets anxiously await Trump's inauguration and his first 100 executive orders
15.01.2025
Ahead of Trump's inauguration, markets are debating the fate of the United States-Mexico-Canada Agreement (USMCA), a free trade agreement negotiated during Trump's first term. The United States trades $1.5 trillion with Mexico and Canada, but Trump is threatening to impose a 25% tariff on imports from both countries, as well as a 60% tariff on imports from China. The US National Corn Growers Association (NCGA) states that at current prices, farmers are losing $160/acre when...
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Bird flu has led to an egg shortage in the US
15.01.2025
As a result of the bird flu epidemic, the US agricultural complex lost about 17.2 million laying hens in November and December, which led to a shortage of bird eggs in the country, CNN reports, citing sources in the MSG. Against this backdrop, the price of eggs in the US has increased by 25% over the past three months to $4.33/dozen. However, the American Egg Producers Association notes that it will take at least 6-9 months for the market to fully recover. In late...
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Purchase prices for grains in Ukraine on January 14, 2025
14.01.2025
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 13500 300 Coriander 21500 Corn 9592 8601 8700 8203 ↑ 30 204 184 Flax ...
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Sunflower prices in Ukraine continue to rise amid rising prices for oil and vegetable oils
14.01.2025
Sunflower prices in Ukraine resumed growth last week amid the devaluation of the hryvnia and a significant increase in the price of soybean oil due to a decrease in the production forecast in the US, which supported sunflower oil quotes on the world market. During the week, processors increased prices for sunflower with 50% oil content by 300-500 UAH/t to 24,500-25,200 UAH/t with delivery to the factory, but farmers continue to hold back on sales. After an unexpected...