The immediate export of soybeans has increased in Ukraine

By: STA Date: 2024. 02. 07. 09:00

According to Tallage, US soybean spot export (FOB Gulf) fell $50 to $405/t, March $56 to $398, April $63 to $396, May $62 to $398/t November 17, 2023 and January 19, 2024 between .

In Brazil, soybeans for immediate export (FOB Paranagua) dropped by $28 to $458, from $70 in March to $417, and from $69 in April to $418/ton. In Argentina, the spot export price of soybeans (FOB Up River) fell by $78 ($436/ton), from $106 ($418/ton) in March, and $108 ($416/ton) in April. In Ukraine, the spot price (DAP) for the crop delivered to the western border was $435/ton (+$60) on January 11 (Tallage).

According to AKI PÁIR data, the producer price of soybeans was HUF 162.8 thousand/ton (-20 percent) in the last week of January

At the same time, full-fat (extruded) soybeans (30-40 percent crude protein, 17-23 percent crude fat, and up to 12 percent water) were sold at HUF 216.7 thousand per ton (-23 percent) excluding VAT and shipping costs. On the Chicago Mercantile Exchange (CME/CBOT), the March quotation of soybeans was in the range of 437-456 dollars/ton between January 22 and February 2.

AKI PÁIR