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The increase in prices for European wheat reduces exports from the EU and contributes to increasing supplies from the Russian Federation
23.05.2024
A sharp rise in prices for European wheat over the past month, caused by forecasts of a reduced harvest in the Russian Federation in 2024, led to a slowdown in exports from the EU and an increase in supplies of Russian wheat. September wheat futures on the Euronex exchange in Paris in May rose by 14.3% to 259.25 €/t or $280.7/t, and in general, since March 1, they have risen in price by 29%. According to the data of the European Commission (released 3 weeks late),...
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Purchase prices for grains in Ukraine on May 23, 2024
23.05.2024
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 9190 Buckwheat 480 Rye grade IV 4400 Sugar beet pulp gran 155 Corn 7644...
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Oil prices continue to fall under the pressure of increased reserves in the US and reduced risks of escalation in the Middle East
23.05.2024
During the week, global oil prices fell by 2.6% amid reduced risks of escalation in the Middle East, caused by the death of Iran's president, who was nicknamed "the butcher of Tehran" and was supposed to replace 85-year-old Ayatollah Khamenei. A new president will be elected on June 28, and he will not change the course of the country, but the intensification of the internal struggle of the clans will at least temporarily distract them from the escalation in the world...
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Rice prices hit a 15-year high
23.05.2024
Prices for rice, a staple food in many countries, have hit a 15-year high after a period of stability amid adverse weather. Brazil will increase its rice imports after heavy flooding in the south of the country, and Indonesia will continue to buy significant volumes in the future. India, the world's largest seller of rice, imposed restrictions on rice exports last year, which affected prices. And the drought caused by the El Nino phenomenon will reduce production in the main...
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Purchase prices for grains in Ukraine on May 22, 2024
22.05.2024
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 9190 Rye grade IV 4400 Sugar beet pulp gran 155 Corn 7625 ↓ 196 6476 5856 170 188...
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Ukrainian farmers need time to transition to the European Green Course, - believes acting Minister of Agricultural Policy T. Vysotskyi
22.05.2024
At the online discussion "Ukrainian Agriculture and the European Green Course" Acting Minister of Agrarian Policy of Ukraine T. Vysotskyi said that "Ukrainian farmers need some time to implement all the requirements of the European Green Course, even though they are currently implementing environmental protection measures," the press service of the Ministry of Agrarian Policy reported. "Today, domestic manufacturers face problems caused by climate change...
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Despite the decline in world corn prices, they continue to rise in Ukraine
22.05.2024
Speculative gains in wheat prices lifted corn prices, but they eased yesterday amid profit-taking by traders and data on an acceleration in US plantings. Yesterday on the exchange in Chicago, July corn futures fell by 0.5% to $180.3/t (-2.2% for the week, +1.8% for the month), and December - by 0.4% to $190/t (-1.9% for the week, +2.3% for the month). According to NASS, as of May 19, 70% of the planned acreage was planted with corn in the US (50% a week ago, 76% last...
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Lower crop forecasts in Australia and Ukraine support rapeseed prices
22.05.2024
Freezes and lack of precipitation in April and May in Ukraine, as well as dry weather at the beginning of planting in Australia, remain the main factors supporting canola and canola prices. Cold weather and rain in Canada are also delaying planting, although they are increasing soil moisture reserves. Experts of the analytical center of the PUSK cooperative reported that "in some farms of Dnipropetrovsk, Kharkiv and Kirovohrad regions, up to 30-40% of rapeseed crops were...