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UkrAgroConsult
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We Counsel Business that Feeds the World !
We Counsel Business that Feeds the World !

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Brazil. According to a report from the Rural Institute of Technical Assistance of Rio Grande do Sul, there is a delay of wheat planting due to low moisture in the state. As of last week, planting reached just three percent of the expected surface. Experts say, however, that the delay can be recovered in the coming days.
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Saudi Arabia has expressed interest in importing grain from Kazakhstan, Tengrinews reports. In recent years, Saudi Arabia has been increasing its grain imports in pursuance of the policy adopted in 2008 to reduce domestic production of wheat, and completely phase out wheat cultivation by 2016. The main reason behind the policy is exhaustion of the country's water resources.
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Wheat shipments from Russia through the deep-water ports in the second half of May have doubled, compared to the same period of April. Shipments increased sharply after the abolition of export duty on wheat from 15 May.
 
More information on grain market can be found in UkrAgroConsult newsletters and daily reports or through on-line access to the website.
UkrAgroConsult
based on data from agrosouth-news, tengrinews
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Cambodia has been invited by the Philippines to bid for a 250,000 tonne rice tender in June to boost the latter’s rice buffer stock during the lean months of July to September.
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THE Philippines’ rice imports could reach as much as 2.1 million metric tons (MT) this year, the biggest volume under the Aquino Administration and roughly the same level as in the 2008 global rice crisis, once the government approves the terms of a new trade concession with the World Trade Organization (WTO).
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Vietnam’s rice exports have struggled to compete with cheaper shipments from Thailand in the first four months of 2015 as the Thai government has sought to offload inventories at highly discounted prices. As a result, a representative of the Vietnam Food Association (VFA) said the country’s exports to highly price sensitive markets such as those in Africa could fall by as much as 60% from the figures in 2014.
 
More information on grain market can be found in UkrAgroConsult newsletters and daily reports or through on-line access to the website.
UkrAgroConsult
based on data from phnompenhpost, manilatimes, hellenicshippingnews
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Thailand. The Ministry of Commerce will propose to the National Palm Oil Policy Committee today to regulate the price of palm fruit with 17 percent oil content, to be sold to refineries and middlemen at 4.20 baht a kilogram.
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Researchers from Granada (Spain) and Campina (Brazil) Universities succeeded in developing a new type of biodiesel that is more resistant to oxidation from mixing fish oil with cooking oil. In their work, whose results were published in the journal Fuel Processing Technology, scientists studied the properties of mixtures made from fish oil, palm oil and cooking oil.
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India. The edible oil industry in the country is exploring the possibility of increasing oil palm cultivation in the North East. It has asked for transport and plantation material subsidies to boost its cultivation in the region.
 
More detailed review of the oilseed market can be found in UkrAgroConsult newsletters and daily reports, through on-line access to the website or Mobile App.
UkrAgroConsult
based on data from thaivisa, fts, indiatimes
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Thailand's military government plans to sell 2 million tonnes of rice over the next two months from stockpiles built up under the previous administration's failed buying programme, the Commerce Ministry said on Monday. Thailand was the world's top rice exporter for decades until its grain became uncompetitive under the buying scheme brought in from 2011 by ousted Prime Minister Yingluck Shinawatra, which paid farmers above market rates for their crops.
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The last convoy of trucks from Bangladesh, carrying the final consignment as a part of its humanitarian assistance for the victims of the devastating earthquake of  April 25,  arrived in Kakarvitta on Sunday. Bangladesh has donated 10,000 tonnes of rice in total.
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The value of Saudi rice imports to the Kingdom from India grew by 58 percent, reaching $1.19 billion (SR4.46 billion) by the end of 2014, compared to $752.67 million (SR2.82 billion) in 2013, according to Indian Consul General Bawa Syed Mubarak. Speaking to local media, the Indian diplomat said that Saudi rice imports from India dropped by 1 percent in 2013, due to the emergence of certain obstacles but jumped to record levels in the following year (2014).
 
 
 
More detailed review of the grain market can be found in UkrAgroConsult newsletters and daily reports, through on-line access to the website or Mobile App.
UkrAgroConsult
based on data from thestar, ekantipur, en-maktoob
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Palm oil imports by India, the world’s largest buyer, increased in April to the highest level this year after prices tumbled to a seven-month low. Inbound shipments of crude and refined palm oil rose 7.5 percent to 718,091 metric tons from March, the Solvent Extractors’ Association of India said in an e-mailed statement. That compares with the median estimate of 700,000 tons in a Bloomberg survey. Total vegetable oil imports, including for industrial use, rose 4.4 percent to 1.1 million tons, it said.
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Argentina’s Federation of the soybean oil industries workers has gone into a strike that affects 40 facilities of the industry – all in the port city of Rosario. The workers demand an increase of at least 42 percent in their wages. Employers, so far, just offer 27 percent of increase.
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The European Bank for Reconstruction and Development (EBRD) said on May 14 that it is providing a €25 million ($28.5 million) loan to Turkish edible oil and canned food producer Yonca Gıda Sanayi A.Ş. Yonca Gıda’s product range includes sunflower, corn and canola oils and canned products such as tomato paste, pickles and sauces, with almost half of production destined for export to over 40 countries.
 
More information on oilseeds market can be found in UkrAgroConsult Newsletters and daily reports or through on-line access to the website.
UkrAgroConsult
based on data from bloomberg, agrosouth-news, world-grain
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Japan’s Minister of Agriculture, Forestry and Fisheries, Yoshimasa Hayashi is looking to buy a total of 111,131 tonnes of food quality wheat from Canada, the United States and Australia.
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Rising temperatures brought about by climate change are reducing the yield of wheat crops in the United States, a study published in the journal Proceedings of the National Academy of Sciences, or PNAS, said. Extreme heat in the spring and unusually cold temperatures in the fall are the main factors behind the loss of yield in wheat fields, the report said.
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India's wheat output in 2015 could fall 4 per cent from a year earlier, the Minister of State for Agriculture said on Wednesday, after rains and hailstorms flattened crops in February and March. Wheat output in India, the world's second-biggest producer, touched 96 million tonnes in 2014.
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The National Agricultural Statistics Service of the U.S. Department of Agriculture (USDA) on May 12 forecast winter wheat production in 2015 at 1,471,802,000 bushels, up 94,276,000 bushels, or 7%, from 1,377,526,000 bushels in 2014. The forecast was the first official USDA projection of the season and was above the average of pre-report trade forecasts, which was 1.457 billion bushels.
 
More information on grain market can be found in UkrAgroConsult newsletters and daily reports or through on-line access to the website.
UkrAgroConsult
based on data from farms, foxnews, thehindubusinessline, world-grain
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Thailand. Democrat wants inquiry into palm oil imports. Democrat Party member Thaworn Senneam has called on the prime minister to investigate the importing of 50,000 tonnes of crude palm oil which led to an oversupply and falling prices for domestic palm oil. In January, the National Oil Palm Policy Committee decided to import 50,000 tonnes of crude palm oil as a precaution against a shortage of refined cooking oil on store shelves.
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Malaysia's March exports unexpectedly rose 2.3% from a year earlier, beating market estimates, thanks to higher electronics demand from the U.S., China and Europe, official data showed Thursday.
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India. Oilmeal exports fell 35 per cent to 1.62 lakh tonnes in April due to a significant decline in soyabean meal shipments, industry body SEA today said. The country had shipped 2.48 lakh tonnes of oilmeal, used as animal feed, in the year-ago period.
 
More detailed review of the oilseed market can be found in UkrAgroConsult newsletters and daily reports, through on-line access to the website or Mobile App.
UkrAgroConsult
based on data from bangkokpost, nasdaq, business-standard
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Australia. Sugar cane growers should lobby for greater government protection: analyst. A world-leading sugar analyst says Australian cane growers should fight harder for government protection of the industry. Sugar is one of the most volatile commodity markets in the world and growers wield significant political influence in a number of leading growing areas. Switzerland-based analyst Jonathan Kingsman, in Queensland for the Australian Sugar Industry Alliance Forum, said without the subsidies growers received elsewhere, Australian producers were at a distinct disadvantage.
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EU sugar glut, tariff sour the cane versus beet contest. A sugar glut in Europe threatens the closure of some cane refineries and drives a deeper wedge between winners and losers in a sharply divided industry. Refiners who rely on imports of sugar cane, sometimes in deals dating back to colonial or Cold War times, say the European Union is increasing the pain by sticking with a an import tariff that penalises their feed stock. They want that suspended.
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India, the world’s biggest consumer of sugar, on Wednesday sharply raised the import tax on sugar to lower inexpensive imports which have been hurting domestic producers. The federal cabinet has approved raising the tax to 40% from 25%, a senior government official, who didn’t wish to be named, told The Wall Street Journal.
 
More information on grain and oilseed prices can be found on new UkrAgroConsult website page - Prices 
UkrAgroConsult
 based on data from abc, euractiv, wsj,
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Ukraine has great potential of entering the European genetically modified-free soybean market, demand on which is stably growing in the EU, President of Donau Soja Matthias Krön said at a press conference held at Interfax-Ukraine. He said that the EU countries import around 32 million tonnes of soybeans every year, mainly from the United States, Brazil and Argentina
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China’s monthly imports of soybeans in May, June and July are expected to rise to between 6.5 million and 7.5 million tonnes.
 It would be an increase of at least 45 percent from March.
 The imports will mostly come from South America and could lead to excess supply in China that would reduce demand next fall when the large U.S. crop is ready for export .

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In the last marketing year 2013/14 the US became the largest exporter of soybeans to Vietnam, surpassing Brazil, said the USDA Gain report, reaching close to 700,000 tonnes, 26% over the previous year. In the current marketing year exports are expected to reach about 750,000 tonnes as Vietnam’s domestic crushing is set to increase. Soybean meal imports meanwhile, were 3.64 million tonnes, a 14% increase in demand from the animal and aquaculture feed industries.
 
More information on oilseeds market can be found in UkrAgroConsult Newsletters and daily reports or through on-line access to the website.
UkrAgroConsult
based on data from Interfax, producer, asian-agribiz
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US officials questioned expectations of a rise in Canada's canola harvest this year despite ideas of an strong start to the spring sowing season, foreseeing a second successive fall in exports of the oilseed too. The US Department of Agriculture bureau in Ottawa, in it first forecast for Canadian canola production this year, pegged the crop at 15.55m tonnes, a marginal reduction on last year's crop.
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Malaysia and Indonesia, the world’s two largest producers of crude palm oil (CPO), are now playing the game of zero duties on CPO exports in efforts to bring down the huge build-up in palm oil stocks amid current weak prices and the narrowing of the CPO price discount to soybean. Malaysia on Tuesday announced that it would revert to zero duties on CPO exports for May, after having recently reimposed a 4.5% export duty on CPO for April. Malaysia’s CPO export duty regime had been suspended from September 2014 to March 2015.
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India’s palm oil imports rose by 25 per cent to 6,82,274 tonnes in March against the year-ago period due to cheaper shipments from Indonesia and Malaysia, Solvent Extractors’ Association (SEA) said yesterday.
 
 
More detailed review of the oilseed market can be found in UkrAgroConsult newsletters and daily reports, through on-line access to the website or Mobile App.
UkrAgroConsult
based on data from agrimoney, thestar, hellenicshippingnews
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