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Purchase prices for grains in Ukraine on May 17, 2024
17.05.2024
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, $ Wheat mill offals 3200 Peas 12250 ↓ 500 Rye grade IV 4400 Sugar beet pulp gran 155 Corn 7427 ↓ 3 6369 6100 5822...
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The Ministry of Agrarian Policy of Ukraine plans to resume the practice of signing memorandums on grain export
17.05.2024
In the new season, which will begin already in July, Ukrainian producers and processors of wheat may have to return to the practice of signing a memorandum, which will determine the maximum volumes allowed for export, which will ensure the safety of the domestic market, - said the Acting Director. Minister of Agrarian Policy of Ukraine T. Vysotskyi. He believes that in the new season the Ministry of Agrarian Policy should resume the practice of signing a Memorandum with market...
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Forecasts of a good wheat harvest in the USA and in the EU continue to lower stock market quotations
17.05.2024
After a speculative increase during the month by 15-20% against the background of frosts in the Russian Federation, this week wheat quotes fell by 2.5-4.2% thanks to improved crop forecasts in the EU and the US after heavy rains, as well as profit-taking by traders. The authorities of the Russian Federation reported that it is necessary to replant not 500, but 830 thousand hectares of spring crops, which is 1% of their total area in the country. Against the background of...
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Increased precipitation in the US, Canada and the EU and dry weather in Argentina will affect markets throughout the week
17.05.2024
Dry weather has set in South America, which will allow harvesting to be completed, so now traders are more closely following the news from the Russian Federation, where frosts could damage winter crops. Last week, frosts down to -5..-9 o C in the central regions of the Russian Federation damaged part of the crops. Initially, it was believed that 20 thousand hectares would have to be replanted, then this figure grew to 500, and now it has reached 800 thousand hectares or 1% of all...
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Purchase prices for grains in Ukraine on May 16, 2024
16.05.2024
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, $ Wheat mill offals 3200 Peas 12750 Rye grade IV 4400 Sugar beet pulp gran 155 Corn 7400 6369 6100 5613 164 ↓ 1...
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Rapeseed and canola prices eased after touching multi-month highs
16.05.2024
Rape prices on the Paris stock exchange hit their highest level since July 2023 on Monday on news of frost damage to crops in northern Europe. Following them, canola quotes rose sharply, but they were cooled by the decision of the Administration of the President of the USA not to impose a duty on the import of used vegetable oil from China for the production of biodiesel, which also reduced the prices of soybean oil. U.S. biodiesel production uses canola oil from Canada in addition to soybean...
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Oil prices remain steady amid declining demand forecasts, despite declining US inventories
16.05.2024
For two weeks now, oil prices have remained stable, as the increase in global production is offset by forecasts of a reduction in demand. In the Russian Federation, oil production increased, but its exports decreased in April, but soon, together with other OPEC+ countries, the Russian Federation may increase exports. July Brent oil futures on the ICE Futures exchange in London yesterday rose by 0.4% to $82.8/barrel (-0.8% for the week, -7.5% for the month). The...
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Drought in Mexico increases demand for imported grain
16.05.2024
Mexico is actively harvesting winter crops, but the prolonged drought has led not only to a reduction in the area sown to wheat and corn, but also significantly reduced their yield. In Mexico, almost all wheat is grown on irrigated land, so sufficient water levels in dams are essential for a good harvest. But due to dry weather, this year's water level in reservoirs was insufficient. The drought also reduced corn production, which the USDA FAS estimates will be...