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Purchase prices for grains in Ukraine on December 2, 2024
02.12.2024
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 13000 Wheat mill offals 5350 Mustard seeds 25000 24875 Peas 13000 11200 330 Buckwheat 11500 270 ...
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Palm oil futures in Malaysia rose 8% for the week, supporting sunflower oil prices
02.12.2024
Palm oil futures in Malaysia rose 8% over the past week amid possible supply disruptions due to heavy rains that have reduced already low output. February palm oil futures on Bursa rose 2.82% to 5,023 ringgit/t or $1,131.3/t on Friday, adding 8.21% for the week, the biggest weekly gain since June 2023 . Experts believe that heavy rains, especially in the east and north of Malaysia, will worsen the already weak production of palm oil in the country. In some states,...
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The European Commission lowered the forecast for the EU soft wheat harvest in 2024 to a 12-year low, but prices continued to fall
02.12.2024
The European Commission on Thursday lowered the forecast for the EU soft wheat harvest in 2024 to a 12-year low, and raised the forecast for the corn harvest, but quotations of these crops continued to fall. The forecast for EU common wheat production in 2024/25 FY has been cut from 112.6 to 112.3 million tonnes, 10% below the 2023/24 FY crop and the lowest since 2012/23 FY, as France harvested the worst of 1980s wheat harvest. Against the background of a decrease in...
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Overview of the Ukrainian grain market from Spike Brokers
02.12.2024
Over the weekend, Polish farmers blocked the border with Ukraine for 2 days, protesting against the agreement between the EU and MERCOSUR countries. They plan to hold the next action on December 10, but will extend it to the entire eastern border of Poland. As of November 28, 10.22 million tons of sunflower (from 97% of the area), 6.01 million tons of soybeans (99%) and 24.16 million tons of corn (96%) were harvested in Ukraine. At the same time, 4.383 million hectares (98% of the...
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Purchase prices for grains in Ukraine on November 29, 2024
29.11.2024
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 13000 Wheat mill offals 5350 165 Mustard seeds 25000 24875 Peas 13000 11200 330 Buckwheat 8250 270 ...
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Export demand for soybeans in Ukraine is recovering, but prices remain under pressure from falling stock market quotations
29.11.2024
After several weeks of almost complete absence of export demand for GMO soybeans, Ukrainian ports stepped up purchases, which supported prices. Export demand prices for soybeans with GMOs in Black Sea ports increased by UAH 300-500/t to UAH 17,300-17,700/t or $365-375/t, while prices for soybeans without GMOs remained at UAH 19,000-19,500/t or $410-425/ton. Demand for soybeans from processors remains low, as factories are stocked with soybean meal. Processors offer UAH...
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Heavy rains in South America are improving prospects for soybean and corn crops
29.11.2024
In December and January, traders' attention will be focused on the weather in South America, where the weather conditions are favorable for sowing and obtaining seedlings, which increases the pressure on global quotations. Heavy rains in almost the entire territory of Brazil allowed farmers to complete the sowing of soybeans at the optimal time. Additional rain will continue to improve crop conditions in the coming days, but heavy downpours could lead to flooding in southern...
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The Egyptian authorities are trying to change the system of public procurement of wheat, but are facing resistance
29.11.2024
On the evening of November 27, Mostakbal Misr Agency announced the purchase under direct contracts of wheat with shipment in January and vegetable oils with delivery in February-March. Offers based on CIF delivery with payment deferred for 270 days are accepted until November 28. The tender conditions, except for the basis of delivery, comply with GASC requirements. Representatives of Mostakbal Misr, which Reuters calls the sustainability agency, were present at GASC's latest...