Oil Seeds Archives

Oil Seeds

Expectations for Rape, Sunflower, Soybean Harvest in the EU EU Ready to Export Ukrainian Agricultural Products via Solidarity Lanes - Ukrainian Farmers Have Already Harvested 37.4 Million Tons of Grain and Oil Crops - Bulgaria to Harvest %21 Less Sunflower

Ukrainian Farmers Have Already Harvested 37.4 Million Tons of Grain and Oil Crops

Posted on 28 September, 2023

Ukrainian farmers have finished harvesting crops of the early grains and are continuing to harvest late grains. So far, 37.4 million tons of the new crop have been threshed. Harvesting […]

Shrinking Cultivation Areas and Crop Damage Spark Concerns for Sesame Farmers in India

Sesame Sowing Faces a Rainfall Challenge in India

Posted on 28 September, 2023

Sesame cultivation is facing challenges this year. The total area allocated for planting oilseeds and sesame in both the Kharif and Rabi seasons has shrunk by 99K hectares, dropping […]

Market Analysis: Dalian Exporters' Outlook for Sunflower Seeds

EU Countries Increased Sunflower Oil Imports by 42%

Posted on 27 September, 2023

In the period from July 1 to September 24 this year the EU countries imported more than 3.57 million tons of major oilseed crops, which is 25% lower than in […]

Grain and Oilseeds Harvest in 2023 Will Amount to 79 Million Tons in Ukraine

Posted on 27 September, 2023

The gross harvest of grain and oilseeds in 2023 in Ukraine may amount to about 79 million tons, which will exceed last year’s figure by about 7 million tons. This […]

USB: Soy Connext Helps Create the Markets of the Future

Posted on 27 September, 2023

Foreign markets represent a pivotal frontier in the quest to enhance the profitability of American farms. In this pursuit, the United Soybean Board (USB) and the U.S. Soybean Export Council […]

Rising Prices in Commodity Markets Amid Drought Concerns

Posted on 26 September, 2023

The week started with a price rise in the commodity markets where drought concerns are on the agenda, with the exception of rapeseed, which fell both overseas and in Europe. […]

Prices for Sunflower in Ukraine Began to Rise

Posted on 26 September, 2023

According to APK-Inform, demand prices for sunflower in Ukraine began to rise gradually at the end of the previous week. However, low trading activity may lead to another drop in […]

EU agrees €50 billion loan for Ukraine, which will support Hryvnia exchange rate EU leaders have agreed to provide 50 billion euros in macro-financial assistance to Ukraine, European Council President Charles Michel said. "The decision, supported by all 27 EU member states, will ensure stable, long-term and predictable financing for Ukraine. The EU, aware of what is at stake, is taking the lead and responsibility in supporting Ukraine," Michel stressed. In 2024, Ukraine will need to attract $37-40 billion in external financing, part of which will be EU assistance. US aid would be very important, the decision on which the Trump-controlled Republicans are delaying to use as an argument in the US presidential election. In January, the revenues of the state budget of Ukraine amounted to UAH 154.9 billion, of which UAH 140.6 billion were internal revenues and UAH 14.6 billion were external revenues, mainly taxes: Taxes - UAH 60.2 bn, customs - UAH 47.3 bn, OVDP - UAH 32.8 billion, international assistance - $0.4 billion (UAH 14.6 billion). The work of the economy (without debts and grants) brought UAH 107.5 billion to the budget, which is a good indicator for peacetime, but now it is a very weak result, as similar volumes remain in the shadows. In January, compared to December, the National Bank reduced the volume of interbank currency sales by 28.7%, from $3.553 billion to $2.533 billion. According to the Ministry of Finance of Ukraine, the state and state-guaranteed debt has doubled since the beginning of the war, reaching $145.3 billion or UAH 5,519.5 billion as of 31 December 2023. In 2023, the government debt grew by 35.4% in hryvnia, or 1,444 billion hryvnias, and by 30.4% in foreign currency, or $33.9 billion. The interbank rate of the dollar remained in the range of 37.5-37.6 UAH/$ this week. Experts believe that the receipt of US and EU aid will allow the hryvnia to remain at the level of 37.5-38 UAH/$, otherwise the exchange rate may rise.

EU countries and Ukraine Will Meet to Solve the Grain Problem

Posted on 25 September, 2023

A meeting of the Coordination Platform for the Export of Ukrainian Grain, consisting of Ukraine, five neighboring countries and other EU member states interested in solving the grain problem, will […]

China Imported More Than 5 Million Tonnes of Canola

Posted on 25 September, 2023

China imported about 5.1 million tonnes of canola in the 2022/23 season, although back in January this year analysts of the US Department of Agriculture (USDA) claimed that the supply […]

Sunflower Oil Market Facing Challenges Amid Ukraine’s Export Disruptions

Posted on 25 September, 2023

Supply Disruptions from Ukraine In August 2023, the Indian Vegetable Oil Producers Association (IVPA) convened a two-day seminar in New Delhi, where experts discussed the growing concerns in the global […]

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