News

Soybean quotes in Chicago rose 7% in a month, receiving speculative support from increased purchases by China ahead of Xi Jinping's visit to the US and in anticipation of new agreements to increase sales of agricultural products from the US to China.   The US hosted the Chinese leader at the highest level, with President Trump personally meeting Xi Jinping at the aircraft ramp at Joint Base Andrews near Washington. The Chinese leader was given a red carpet welcome, an honor...

Pressure from the new harvest on Ukraine's domestic corn market has intensified sharply. The EXW procurement price has fallen to UAH 5,500/t, losing another UAH 1,050/t. For comparison, this benchmark stood at around UAH 7,200/t on September 21, meaning the decline has reached approximately UAH 1,700/t in just a few days. The strongest pressure is being felt in inland and central regions, where increasing arrivals of new-crop corn are boosting supply. Farms with limited storage capacity...

The Tunisian State Grain Agency purchased 125,000 tons of soft wheat and 75,000 tons of feed barley in an international tender on September 23.   Wheat was purchased from Buildcom and Soufflet in five batches of 25 thousand tons at a price of $311.72-314.23/ton C&F and delivered from October 1 to December 15, depending on the region of origin of the grain.   Recall that at an international tender on July 30, ODC purchased 75 thousand tons of soft wheat at an average...

The rates of corn and soybean harvest in the US are still higher than last year's, but heavy rainfall forecast for next week may slow down the harvest and increase grain moisture, which will also delay the arrival of grain to markets.   Over the next week, most of the Midwest and Plains of the United States will experience several waves of precipitation, which will negatively affect the ripening and drying of corn and soybeans, but on the other hand, will reduce the effects of...

In its updated forecast for the production of major crops in the EU-27 and the UK for 2026, the Coceral agency reduced the estimate of the total gross harvest by 8 million tons to 279 million tons (307.4 million tons in 2025) compared to the July estimates.   In particular, the production forecast (excluding hard varieties) has been reduced from 140.8 to 137.5 million tons (148.7 million tons in 2025), as crops in Germany, Poland, and to a lesser extent in France, were severely...

In 2025, deliveries of sustainable aviation fuel (SAF) to EU airports increased 6-fold compared to the previous year, from 193 thousand tons to 1.1 million tons, and its share in the total volume of aviation fuel reached 2.8%, exceeding the mandatory ReFuelEU Aviation level of 2%, Bioenergytime reports.   Almost 80% of SAF was produced from used cooking oil (UCO). Therefore, as SAF usage increases, competition for UCO and other fatty feedstocks between jet fuel, biodiesel, and other...

Pressure from the new harvest on Ukraine's corn market continues to intensify. The most significant decline is being seen in inland regions, where the EXW corn price has fallen to UAH 6,550/t. By comparison, it was around UAH 7,200/t on September 21, representing a decline of about UAH 650/t in just a few days.   The situation is particularly significant for producers in central Ukraine. The advancing harvest is increasing new-crop supplies, the need to free up storage capacity is...

After the shutdown of Ukrainian seaports, the main flow of cargo from Ukraine was redirected to the Romanian port of Constanta. However, its infrastructure cannot cope with the sharp increase in cargo flow, which leads to significant delays in the clearance of goods.   If earlier it took 1-3 days to export an import container, now the clearance of cargo takes 1-2 weeks, and sometimes even longer. The port is filled with containers and other cargo, and their clearance is very...