Rapeseeds Archives

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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 […]

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. […]

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 […]

Palm Oil Prices Surge in Malaysia, India Shifts Preference to Soybean and Sunflower Oil

EU Oilseeds Crushing Increased in August – FEDIOL

Posted on 21. September 2023

The European Association of Vegetable Oil Producers (FEDIOL) has calculated that in August 2023, EU oilseeds extraction plants processed almost 3.26 million tons of oilseeds (+0.03 million tons compared to […]

Sowing of Rapeseed in Ukraine Is Accelerating

Posted on 8. September 2023

The sowing of rapeseed in Ukraine is accelerating, but the lack of precipitation may lead to a reduction in areas. Last weekend, it rained in most parts of Ukraine – […]

China Increased Oilseed Imports

Posted on 6. September 2023

China imported almost 92 million tonnes of oilseeds from October 2022 to July 2023. – This is 14% higher than the level in the same period last season. Such data […]

rapeseed oilseeds field canola MATIF - Ukrainian Rapeseed Prices Are on the Verge of Collapse - Germany Reduces Rapeseed Harvest Forecast - Dry Weather in Canada Drives Speculation in Rapeseed Prices - Rapeseeds Export Season Can Become Record-Breaking for Ukraine - Analysts Increased the Estimate of Rapeseed Harvest in the EU

Strategie Grains Lowered Oilseed Crop Estimates of Europe

Posted on 5. September 2023

Sunflower Seeds Bulgaria With the exception of minimal rainfall today in some parts of the country, the next few days will be mostly dry. No rain is forecast for the […]

Rapeseeds Export Season Can Become Record-Breaking for Ukraine

Posted on 1. September 2023

The export potential of the market of rapeseed and its processing products renews the maximum. A record rapeseed harvest in Ukraine is expected this season. The area planted was a […]

Canada to Harvest Less Canola – Forecast

Posted on 30. August 2023

Agricultural producers of Canada may collect this year about 17.6 million tons of canola – it is more than 6% below the level of 2022. This forecast was released by […]

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