News

Favorable May weather for rapeseed crops in the EU and Ukraine and canola in Canada and falling oil prices are increasing pressure on biodiesel prices, especially against the backdrop of information that the US authorities will not support the increase in the biodiesel production mandate in the US in 2026, expected by producers.   In Ukraine, abundant May rains improved the condition of rapeseed crops, which produced additional pods and bloomed again, which may increase yield, but on...

As experts predicted, the rapid development of electric vehicle production has significantly reduced demand for fuel, and the biofuel industry, which is heavily dependent on budget subsidies, was the first to suffer. The decline in oil prices reduces the profitability of biodiesel production, so investors are forced to stop production, which reduces demand for rapeseed, corn and sugar cane, which are raw materials for biodiesel production.   Around the world, companies continue to...

The world wheat market is expecting a new harvest, the forecasts for which are quite good. Therefore, in Ukraine, demand for old-crop wheat is almost non-existent, and prices for the new crop are gradually decreasing. Traders note the intensification of sales of the new crop by farmers from the south, which indicates the formation of a good harvest of winter wheat due to favorable precipitation in May.   During the week in Ukraine, demand prices for food wheat of the new harvest fell...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF   Sunflower prices continue to decline under pressure from reduced activity of processors and negative trends in the vegetable oil market, caused by forecasts of a sharp increase in the harvest in the new season in the EU, Ukraine, Russia and the USA.   India has collected a record harvest of wheat and rice, which will...

According to the forecast of experts from Oil World (Germany), in 2025, thanks to favorable weather, oilseed production in the EU will increase by 3.5-4 million tons compared to last year's 5-year minimum of 29.1 million tons, in particular sunflower - from 8.8 to 10-10.3 million tons.   In some countries, including Germany, Poland, France and Hungary, there is still a deficit of soil moisture, while in Romania and Bulgaria there was favorable precipitation, thanks to which...

China has stepped up weather management efforts to increase rainfall in the arid wheat-growing regions of the country’s north. Much-needed rains in China’s grain belt last week were brought about by the operations, according to the China Meteorological Administration. Ground and aerial operations were carried out in the provinces of Shaanxi and Shanxi, as well as Inner Mongolia, Bloomberg reported.   China is announcing the world's largest weather modification...

July soybean oil quotes in Chicago fell another 3.2% to $1,035/t on Friday (-5.2% in three sessions, -5.3% in the month) amid reduced export demand for expensive American oil, the possible elimination of tariffs on Canadian rapeseed oil used for biofuel production in the US, and information that the White House seeks not to reduce the volume of biofuel production mandates for small refineries. Prices are also pressured by a sharp drop in oil prices.   July Brent crude futures fell by...

India's Ministry of Agriculture has raised its wheat production forecast for the country in the 2024/25 MY from 115.4 million tons to a record 117.5 million tons (113.3 million tons in the previous season), compared to March estimates, Reuters reports.   This increase in production will be due to the expansion of the area sown with high-yielding wheat varieties.   It is expected that compared to the previous season, the country's total grain production will...