News

The Malaysian Palm Oil Board (PMOB) report and USDA's FAS vegetable oil balance sheet for December, which downgraded estimates for palm oil production, exports and stocks, sent prices sharply lower as traders expected a much bigger cut.   According to the Ministry of Internal Affairs and Communications, in November, crude palm oil production in Malaysia fell by 9.8% to the lowest level since 2020 at 1.62 million tons, exports by 14.7% to 1.49 million tons, and reserves by 2, 6%...

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 5500 Mustard seeds 25000 25000 ↓ 167 Peas 13250 11200 378 Buckwheat 290 ...

In the December supply and demand report, USDA experts raised the forecast for world production of oilseeds in FY 2024/25 by 1.16 to 683.38 million tons (657.49 million tons in FY 2023/24), including soybeans by 1.74 million tons and cotton - by 0.5 million tons, which compensates for the decrease in rapeseed production by 1.06 million tons.   Compared to the November estimates, the new soybean balance for the 2024/25 MR has undergone the following changes: The estimate of...

In December's supply and demand report, USDA experts unexpectedly lowered their estimate of global corn stocks in 2024/25 due to a reduction in their production forecast and a sharp increase in their consumption forecast, sending Chicago futures higher.   In FY 2024/25, world stocks are expected to be 20 million tons lower than last year, and global corn consumption is expected to exceed production by 20 million tons amid increased ethanol processing in the US and Brazil, while...

In the December supply and demand report, USDA experts slightly lowered their forecasts for world wheat production, consumption and exports. Following the FY 2023/24 balance sheet adjustment, the opening stock estimate has been raised, resulting in an increased forecast for FY 2024/25 ending stocks, although they will still be the lowest since FY 2015/16.   Wheat quotations, after falling in November by 4.6-7.7% in December, fell by another 2.2-5.6% against the background of weak...

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 5500 Mustard seeds 25000 25167 Peas 13250 ↑ 250 11200 378 Buckwheat 290 ...

Demand for Ukrainian corn has gradually eased in recent months as world prices have fallen, but limited supply from Ukrainian farmers is forcing traders to raise prices to fulfill contracts.   In 2024/25 MR (as of December 9), Ukraine exported 7.68 million tons of corn, which is only 4.5% ahead of last year's corresponding figure (7.35 million tons), although at the beginning of the season the export rates significantly exceeded last year's. The decrease in demand from the EU...

An order has appeared on the website of the Ministry of Agricultural Policy of Ukraine, which approves the minimum prices for agricultural products subject to the export support regime.   The document establishes for December the minimum prices for goods of certain UKTZED categories (0409 00 00 00, 0802 31 00 00, 0802 32 00 00, 1001, 1002, 1003, 1004, 1005, 1201, 1205, 1206 00, 1507, 1512, 1514, 2306).   The table shows the minimum allowable export prices in US dollars per...