Grain market. Australia // Week 43
In Australia, winter harvesting is progressing well and buying interest continues to grow. Wheat and barley prices are largely stable.
Commodity markets
Sunflower oil market. Ukraine // Week 43
The Black Sea sunflower oil market has been showing plentiful offer (mostly of Russian-made products, though), with Turkish importers showing high interest in purchasing.
Grain market. South America // Week 43
Brazilian corn prices are under pressure from robust sales and exports. Meanwhile, according to Agrinvest, Brazilian producers do not hurry to buy safrinha corn seed for the 2023-24 planting because of low corn prices.
Grain market. USA // Week 43
U.S. grain prices have been suffering pressure from harvesting and improving weather conditions in major exporting countries. Corn harvesting is progressing well in the U.S., putting pressure on quotes along with strong competition from Brazilian products.
Soybean market // Week 43
Soybean harvesting is progressing well in the U.S., putting pressure on quotes along with strong competition from Brazilian products.
Grain market. Ukraine // Week 42
Export quotes for Ukrainian grain have inched down further amid the general market trend in the Black Sea region and insufficient importers’ demand.
Grain market. EU countries // Week 42
The EU grain market has seen an increase in export prices amid the interest from key importers. Some support to quotes also came from decreased wheat export forecast by the USDA to 36.1 million t in the current season.
Grain market. Russia // Week 42
Export quotes for Russian grain have been actively declining amid low demand and a large number of offers. The slowdown in trade has already affected Russian exports, with mere 896,300 t of grain exported during the week of October 11-17.
Grain market. Kazakhstan // Week 42
In Kazakhstan, wheat prices remain quite high amid crop problems. Grain harvesting is nearing completion, and 30 to 40% of wheat harvested this year will be sprouted, farmers’ estimates show. Such grain can be used exclusively for fodder.
Grain market. USA // Week 42
U.S. corn prices got support from decreased forecast of world production by IGC analysts and continuing problems with logistics on the Mississippi River. Nevertheless, the price upturn was restrained by corn harvesting campaign in the U.S. and abundant global supplies.