Rapeseeds Archives

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Grain Markets Plunge on Higher US Stocks

Posted on 3 October, 2023

European Grain Markets On Friday evening, the USDA surprised the grain markets with much larger than expected US wheat production and stocks. The wheat slump in Paris reflects this surprise. […]

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

Analysts Increased the Estimate of Rapeseed Harvest in the EU

Posted on 2 October, 2023

Analysts of Strategie Grains increased the overall estimate of the EU rapeseed production in 2023/24 MY by 0.6 mln tonnes compared to the previously announced figure – to 19.5 mln […]

Hemmes’ Passion for Farming Helps Her as a USB Farmer-Leader

Posted on 29 September, 2023

Hampton, Iowa’s April Hemmes is in her eighth year as a United Soybean Board – USB farmer-leader. Hemmes is a vocal leader for USB and currently serves as a member […]

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 […]

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