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Analysts predict a decline in pork consumption and prices in China, which will reduce the potential for feed grain imports
26.02.2025
According to experts from the Chinese Academy of Agricultural Sciences, the development of pig farming in China, driven by significant demand, has led to an oversupply and a collapse in prices during the period of economic difficulties in recent years. The country's average annual pork consumption in 2023-24 decreased from 43 kg to 40.8 kg per capita amid the promotion of healthy eating, demographic changes, and a drop in beef and lamb prices to the lowest level since 2020. An...
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Drought lowers grain harvest forecasts in North African countries, keeping new crop prices high
26.02.2025
According to estimates by the European MARS Agency, despite the normal state of winter crop sowing in the EU, due to a significant moisture deficit in North African countries, since November 2024, quotes for the future wheat harvest on the Paris stock exchange remain higher than for the 2024 harvest. The degree of drought is increasing from west to east - from Tunisia to Morocco. While in Morocco and Algeria, yield losses are already irreversible, in eastern Algeria and Tunisia,...
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Purchase prices for grains in Ukraine on February 25, 2025
25.02.2025
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 6250 Mustard seeds 25000 26000 Peas 13500 Buckwheat 15000 Coriander 24500 Corn 10250...
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Sunflower prices continue to rise in Ukraine, but vegetable oil markets have seen a drop in prices
25.02.2025
Rising prices for sunflower oil in Ukrainian ports have allowed for higher purchase prices for sunflower, but farmers continue to hold back sales in anticipation of the desired level of UAH 30,000/t. At the same time, India's planned increase in import duties on vegetable oils may halt the rise in prices for both oil and sunflower. During the week, export prices for sunflower oil in Ukrainian Black Sea ports increased by $10–20/t to $1,110–1,120/t, while prices for...
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India plans to raise import duties on oil for the second time in six months
25.02.2025
India plans to raise import duties on vegetable oils to support local oilseed producers hit by falling domestic prices, government sources said, adding that the move could push up domestic prices of oilseeds and oilseeds and reduce imports of palm, soybean and sunflower oils. It is worth noting that the planned tariff hike will be the second in the last six months. In September 2024, India introduced a 20% basic tariff on crude and refined oil, as a result of which the import duty...
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Despite the collapse of stock market quotes, corn prices in Ukraine continued to grow
25.02.2025
Ukrainian farmers continue to hold back corn sales, receiving higher prices, as traders have increased purchase prices by $10-15/t over the past month due to lower freight and port handling costs. The cost of transporting corn by Panamax from Ukrainian ports to Southern China has decreased from $40-50/t to $32-35/t amid reduced import demand from China. During the week, corn prices in Black Sea ports increased by another 200-300 UAH/t to 10,500-10,600 UAH/t or...
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Wheat prices in Ukraine reached 11,000 UAH/t, although world prices began to fall
25.02.2025
Restraining wheat sales by farmers amid dry weather is leading to further increases in demand and prices from exporters trying to form export shipments of grain. During the week, export demand prices for Ukrainian wheat with delivery to Black Sea ports increased by $2-4/t: for food – up to $228-232/t or 10900-11100 UAH/t, for feed – up to $224-225/t or 10,550-10,700 UAH/t. Due to the decrease in the cost of international freight and transshipment...
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Purchase prices for grains in Ukraine on February 24, 2025
24.02.2025
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 6250 Mustard seeds 25000 26000 Peas 13500 Buckwheat 15000 Coriander 24500 Corn 10235...