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The new US administration has not yet taken office, but the first statements of Trump collapsed the quotations
28.11.2024
President Trump has promised to impose additional tariffs of 10% on goods from China and 25% on goods from Canada and Mexico, while previously he proposed raising tariffs to 60% on Chinese goods and 10-20% on all others. If this happens, the average tariff in the US will reach almost 17.7%, which will be the highest since 1934. Economists believe it will increase inflation, worsen relations with China and change global supply chains. Consequences of Trump's first term During...
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Purchase prices for grains in Ukraine on November 28, 2024
28.11.2024
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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Black Friday for canola and canola prices came early
28.11.2024
Global stock markets continue to experience a catastrophic fall in canola and canola prices, driven by lower soybean oil prices and the new US administration's plans to impose tariffs on canola and oil from Canada. Significant speculative overbought in futures was met with a sharp sell-off of contracts caused by the possible introduction of a duty. January canola futures on the Winnipeg exchange yesterday fell another 2.6% to CAD565/t or $403/t (-14.3% since...
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Half of the world trade in agricultural products is controlled by four companies, but competition is intensifying
28.11.2024
The companies ADM (Archer Daniels Midland), Bunge, Cargill and Louis Dreyfus collectively control 50-60% of the international trade in wheat, corn and soybeans, reports Agrarheute with reference to the research data of the Committee on Agriculture of the EU Parliament. The authors of the study believe that this creates risks for farmers and consumers, so they ask the EU to intervene in the situation. In their opinion, these companies may abuse their market position and detailed...
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Purchase prices for grains in Ukraine on November 27, 2024
27.11.2024
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 ↑ 4050 330 Buckwheat 8250 ...
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Ethanol exports from the USA reached a record level in 2024
27.11.2024
According to the EIA, the export of fuel ethanol from the USA for the first 8 months of the current year increased by 34.92% compared to the corresponding period of 2023 to a record 29.59 million barrels, S&P Global Platts reports. Low prices for American ethanol against the background of stable global demand contributed to the increase of its supplies from the United States to Great Britain, India and Colombia. Exports were also boosted by a reduction in ethanol supplies from...
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Rape prices in Ukraine fell by UAH 1,500/t following the collapse of stock market quotations
27.11.2024
Purchase prices for rapeseed for delivery to Ukrainian Black Sea ports continue to fall following the decline in stock market quotations and reduced demand from traders due to the decrease in rapeseed stocks in Ukraine. During the week, rapeseed prices in ports fell by UAH 1,000-1,500/t to UAH 24,800-25,000/t or $520-530/t under the pressure of a 7% drop in quotations on the Paris stock exchange. February rapeseed futures on the Paris MATIF fell 1.5% to €505.75/t...
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Biodiesel prices in the US have risen sharply due to a possible reduction in supplies of raw materials, but the future outlook is still unclear
27.11.2024
Biodiesel prices in the US rose sharply last week after several weeks of stability, under pressure from various factors affecting the supply and demand dynamics of biodiesel in the market. According to ChemAnalyst analysts, US UCO CFR Houston biodiesel prices rose by 1.3% to $1,545/t in the period from November 16 to 22 due to increased shortage of raw materials on the domestic market. The constant increase in the price of soybeans, the raw material for biofuel, also affected the...