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Despite the global trend of declining vegetable oil prices and expectations of increased supply, sunflower prices in Ukraine remain high due to delayed harvest and low yields.   In Ukraine, as of September 18, only 26.7% of the crops or 1.373 million hectares of sunflower were threshed, of which 2.415 million tons were harvested with a yield of 1.76 tons/hectare, while last year on this date 49% of the area was threshed, and the average yield was 2.01...

Corn ripening in Ukraine this season is delayed by 2-3 weeks, and a cold snap and possible precipitation in late September may postpone the mass harvest of corn to a later date. This continues to worry traders who sold significant shipments for export with delivery in September and October.   Producers are actively harvesting sunflower and soybeans, trying to complete the work before the rains so as not to lose the harvest, so they are not actively selling, which contributes to...

On September 23, the Algerian state-owned company OAIC held a tender to purchase at least 50,000 tons of soft wheat of any origin, at which it purchased about 600,000 tons (and according to some estimates, even 700-720,000 tons) of wheat at a price of $259-261/ton C&F, which is slightly higher than the purchase price of the previous July tender, which was $253-257/ton.   According to the terms of the tender, wheat from Europe or the Black Sea region must be shipped on November...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 6000 ↓ 250 Mustard seeds 34000 Peas13225 ↓ 192 12825 Coriander 27000 Corn9199 8318 8000 ↓ 150 225 ↓ 3...

Chinese state-owned trading company COFCO purchased about 9 batches of Australian rapeseed, totaling 540,000-550,000 tons, equivalent to 8% of China's total rapeseed imports last year.   This information increases pressure on canola quotes, but on the other hand supports rapeseed quotes in Paris, as the potential for supplies from Australia to the EU decreases.   November canola futures in Winnipeg fell 3.7% to a 6-month low of CAD 617/t or $445/t (-7% month-on-month...

According to traders, Chinese buyers have contracted at least 10 lots (other reports say 15 lots) or 500,000-750,000 tons of Argentine soybeans after the Argentine government temporarily lifted export duties on the grain, dealing a new blow to US farmers who have lost a key market and are suffering from low prices.   With these actions, China is putting pressure on the US and Canada in trade negotiations, hoping that the governments of these countries will be forced to make...

The Argentine government's decision to temporarily lift export duties on agricultural products has increased uncertainty in vegetable oil markets, as the seasonal increase in global supply of sunflower and rapeseed oil is being compounded by active sales of soybean and sunflower oil from Argentina at significant discounts.   The first to react were October palm oil futures on the Bursa exchange in Malaysia, which fell 2.3% yesterday to 4,343 ringgit/t or $1,035/t after almost 5...

In their latest report, RaboResearch experts note that rising operating costs and falling prices for agricultural products are reducing the profitability of farms. And this situation will persist in the main agricultural regions until mid-2027.   Geopolitical tensions and trade wars will complicate the situation in 2025. Despite a slight decrease in crop prices, overall operating costs are rising, creating problems for producers of soybeans, corn and other crops. But despite the...