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Since December 1, 2024, Mostakbal Misr has supplied GASC with 1.1 million tons of wheat, most of which was purchased from private Russian sellers and the rest from Egyptian traders and intermediaries. However, GASC does not report when the 1.1 million tons of wheat arrived in the country.   Egypt is one of the world’s largest wheat importers, so markets are closely watching government procurement, which was transferred from GASC to a new agency, Mostakbal Misr, at the end of...

Weather conditions in the major grain producing countries remain generally favorable. However, traders are now focused on the weather in Argentina and Brazil, where high crop potential has been established. At a crucial stage, it is important that weather conditions allow for record soybean and corn harvests.   Argentina, after three weeks of heat and drought, received scattered showers over the weekend. This lowered temperatures and reduced stress on plants, but the amount of...

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...

Against the backdrop of speculative growth in world corn prices, lower freight costs, and limited supply from farmers, export demand prices for corn in Ukraine this week increased by $1-3/t to $210-212/t or UAH 10,000-10,150/t with delivery to Black Sea ports, with prices for March deliveries exceeding $213/t.   This year, Ukrainian farmers profitably sold rapeseed, soybeans, and sunflowers at high prices, so they have no need for funds and are holding back sales of wheat and corn...

In the 2024/25 MY, 28 factories that are members of the National Association of Sugar Producers of Ukraine ("Ukrsugar") produced 1.7 million tons of sugar. This was reported by the acting chairman of the board of "Ukrsugar" Yana Kavushevska.   She noted that the total volume of sugar production is estimated at 1.8 million tons. This figure includes the production of a plant that is not a member of the Association and does not provide production...

After hitting a 4-month high of $82/barrel last week, March Brent crude futures fell 3.8% to $79/barrel (+9% month-on-month). This came amid President Trump's threats to impose a 10% tariff on Chinese goods, which could start a new trade war and reduce global oil demand. However, further price declines are limited by plans to tighten US sanctions on Russia and its exports if Putin does not start talks on Ukraine.   The decline in oil prices is weighing on the prices of vegetable...

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 14250 350 Buckwheat 14500 Coriander 23000 Corn 9870 ↑ 20 8960 ...

The weekend brought heavy rains to central and northern Argentina, but the southwest received less rain than expected. Despite this, the cyclone brought down high temperatures somewhat. Forecasts for the coming week do not predict any rain, with temperatures ranging from 22 to 32 °C, which will negatively affect soybean and corn crops.   In central Brazil, prolonged rains are delaying the harvest of early soybean varieties. According to Conab, only 1.2% of the 47.4 million...