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Shares of Nvidia, one of the leading chip manufacturers, fell almost 18% yesterday, and its market capitalization fell by more than $600 billion amid the success of a cheap Chinese AI model that requires 20-50 times less computing power.   Chinese AI startup DeepSeek last week unveiled a free model that is as powerful as OpenAI or Meta Platforms but uses weak microchips. It immediately became the most downloaded app on the Apple App Store.   According to DeepSeek, only $6...

Amid increasing supply, demand for vegetable oils continues to decline, especially as the Chinese New Year celebrations approach.   Heavy rains are delaying the soybean harvest in Brazil, which is supporting soybean oil prices amid drought in Argentina. However, improving weather as early as early February could put more pressure on prices.   The increase in the export duty on sunflower oil in the Russian Federation from February 1 by 10% to $180/t (due to an increase in...

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 25000 Peas 15000 350 Coriander 23000 Corn 9920 ↓ 57 8968 9067 8593 208 ↑ 1 185 ...

On Friday, global oil and agricultural prices fell amid news about China's economy, Argentina's reduction in export duties, and the start of new tariff wars by the United States.   March futures fell: by 1.9% to $199.9/t - for soft winter SRW wheat in Chicago, by 2% to $205.6/t - for hard winter HRW wheat in Kansas City, by 1.6% to $218.7/t - for durum spring HRS wheat in Minneapolis, by 0.7% to $191.9/t – for corn in Chicago, by 0.95 to $387.9/t –...

After a working trip to Berlin and participation in the World Economic Forum in Davos, the Minister of Agrarian Policy and Food of Ukraine, Vitaliy Koval, held a meeting to discuss preparations for the 2025 sowing campaign. It was noted that Ukraine has enough fertilizers and fuel to carry out the sowing campaign, and the sown areas remain at the level of last year, except that the areas under soybeans will slightly decrease, while the areas under corn will increase.   According to...

As a result of the war and the forced relocation of farms from frontline regions, the cattle population in Ukraine decreased by 126.7 thousand heads in 2024, mainly in households. At the same time, dairy farms are increasing their livestock and productivity, the Milk Producers Association reports.   As of January 1, 2025, the livestock population decreased (compared to January 1, 2024) by 6% or 126.7 thousand heads to 2029.5 thousand heads, in particular cows - by 7% or 85.2 thousand...

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 25000 Peas 15000 350 Buckwheat 14500 Coriander 23000 Corn 9870 8968 9050 ...

This week, sunflower purchase prices in Ukraine continued to rise, reaching levels typical for October-November. This is due to increased purchases by processors, who were able to sell sunflower oil at high prices.   Over the week, the cost of sunflower with an oil content of 52% increased by 1,000-1,500 UAH/t to 27,500-28,000 UAH/t with delivery to the plant. At the same time, not all enterprises are making purchases, and many small processors are idle due to the inability to sell...