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Grain prices may rise in January, while soybean prices will continue to fall, ASAP Agri believes
10.01.2025
Ahead of the release of the USDA's January WASDE report on the supply and demand balance for agricultural products, ASAP Agri expert Olivier Bouillet told Latifundist.com about his forecasts. He believes that the markets have been under pressure for the past two weeks due to dry weather in Argentina, which has led to an increase in prices for some crops, in particular corn, although its prices on the Chicago SWOT have not yet been able to break through the resistance level of...
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Rapeseed and canola prices recovered after falling, supported by rising oil prices
10.01.2025
On the Paris stock exchange, speculative growth in rapeseed prices continues, due to market uncertainty due to reduced supplies from Ukraine and delayed supplies from Canada and Australia. The speculative growth in oil prices caused by cold weather in the US is supporting biofuel and rapeseed prices in the EU. In the first 9 days of January, rapeseed prices on the Paris stock exchange were highly volatile. On the first day, they rose by 2.5%, then fell for 3 days, and in the last 4...
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Barley prices in Ukraine continue to rise amid supply shortage and devaluation of the hryvnia
10.01.2025
During the New Year holidays, the traditional decline in the supply and delivery of agricultural products in Ukraine has become even more noticeable this year. This is due to the fact that farmers have enough working capital from the sale of rapeseed and sunflower in the first half of the season at high prices. Now they are refraining from sales against the backdrop of the devaluation of the hryvnia and the gradual increase in prices for corn, wheat and barley. The dollar exchange...
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Purchase prices for grains in Ukraine on January 9, 2025
09.01.2025
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 Peas 13500 300 Coriander 21500 Corn 9592 8551 8700 8116 ↓ 71 204 183 Flax ...
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In 2024, Ukraine increased its trade turnover by 13%
09.01.2025
According to the State Customs Service of Ukraine, in 2024, total trade turnover increased by 13% compared to the previous year from $99.4 to $112.3 billion, in particular exports - up to $41.6 billion, and imports - up to $70.7 billion. The main buyers of Ukrainian products were Poland ($4.7 billion), Spain ($2.9 billion) and Germany ($2.8 billion), while the largest number of imported goods came from China ($14.4 billion), Poland ($7 billion) and Germany ($5.4...
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Wheat quotes on world exchanges fall in anticipation of the January USDA report
09.01.2025
Wheat prices on world exchanges are falling ahead of the USDA's January report, which may raise the Australian harvest forecast and estimate of ending stocks. In addition, the wheat production forecast for Argentina, where 95% of the crop has already been threshed, is expected to be adjusted. Today is a holiday in the US due to President Carter's funeral, so the USDA report will be released on Friday, including estimates of winter wheat plantings. March wheat...
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India reduced vegetable oil imports by 25% in December
09.01.2025
In December, India reduced imports of edible oils by 25% to a 3-month low of 1.19 million tonnes, including sunflower oil by 22% to 265,000 tonnes and palm oil by 40% to a 9-month low of 503,000 tonnes as prices surged, prompting processors to boost purchases of cheaper soybean oil, whose imports rose by 3% to a 4-month high of 420,000 tonnes. A reduction in palm oil imports by India, the world's largest buyer of vegetable oils, could collapse base palm oil prices in Malaysia...
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Purchase prices for grains in Ukraine on January 8, 2025
08.01.2025
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 Peas 13500 300 Rye 9000 Rye grade II 9000 Coriander 21500 Corn...