Processors reduce purchase prices for Ukrainian soybeans
Published 2024년 12월 30일
Tridge summary
Ukrainian ports have seen stable soybean prices, but processing plants have experienced a slight decrease, according to Spike Brokers. This is due to most processors already covering part of their raw material needs, leading to reduced market activity. GMO and non-GMO buyers' indications include DAP Ukraine in Odessa at $370-375 for GMO and $423-427 for non-GMO, FCA Ukraine at the border at $380-385€, and DAP Italy at $420-425€. The domestic processing market is actively competing for soybeans.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Prices at Ukrainian ports for soybeans remained stable, while processing plants showed a slight decrease. This is reported by analysts at Spike Brokers. This is due to the fact that most processors have already covered part of their raw material needs, which reduced their activity in the market. Latest indications of GMO buyers: • DAP Ukraine (Odessa) ~370-375$. Latest indications of NON-GMO buyers: • DAP Ukraine (Odessa) ~423-427$; ...
Source: Agrotimes
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