News

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF   New crop wheat quotes on world exchanges started the week with a decline, so prices and demand for the old crop continue to fall, which increases pressure on prices in Ukraine, where the new crop of wheat is offered at 20-25 $/t less than the old crop.   New crop corn quotes on exchanges are also falling and putting...

According to Oil World, the competitiveness of sunflower oil on the global market has deteriorated significantly over the past two months as price premiums compared to soybean and rapeseed oils have declined, reducing demand for it. Weak imports are adding to the pressure on prices, and key consumers are looking for alternative sources of supply.   According to expert forecasts, global consumption of sunflower oil in the 2024/25 MY will decrease compared to the previous season from a...

Weather conditions favorable for sowing winter wheat in Argentina and spring wheat in Canada, the Russian Federation and the USA increased pressure on new harvest wheat quotes, which fell by 1.7-2.8% per day, completely losing last week's growth.   According to the USDA's weekly report, as of May 25, 87% of the planned area was sown with spring wheat (7% more than the 5-year average), and seedlings were obtained on 60% of the area (7% more than the average). During the week,...

New crop corn futures started the week lower amid fairly positive weather forecasts and conditions for corn planting in South America, the US, and Europe.   A sharp decline in new crop wheat quotes by 1.7-2.8% is also putting pressure on corn prices, with December futures in Chicago falling 1% to $175.6/t yesterday and trading $6/t cheaper than the old crop.   According to the USDA's weekly report, as of May 25, 87% of the planned area in the US has been sown with...

The EU's Crop Monitoring Service (MARS) in a May report raised its forecast for EU cereal yields in 2025 due to favorable precipitation in southern Europe and a minor impact on crops from drought in the north of the region.   Compared to April estimates, the yield forecast for soft wheat has been increased from 6.03 to 6.04 t/ha, durum from 3.69 to 3.77 t/ha, and winter barley from 5.18 to 5.28 t/ha. At the same time, the yield forecast for corn has been left at 7.45 t/ha, and...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF   Favorable weather in Brazil increases the potential of the corn crop, and improving weather in Argentina allows the corn and soybean harvest to be completed and winter wheat planting to begin. Together with excellent planting conditions in the US, Ukraine and the EU, this increases pressure on new crop prices and sharply reduces...

In Ukraine, in the last months of the season, there is a sharp decline in export demand for expensive corn and wheat against the backdrop of declining world prices following the fall in prices for feed grain and meal in South America.   Export rates declined in April and May due to declining inventories and falling export prices.   Over the 26 days of May, corn exports from Ukraine decreased compared to the corresponding period last year by 2 times from 3.34 to 1.69...

The US administration continues its tariff wars with other countries, creating problems for traders and US grain elevators. Uncertainty over tariffs on major trading partners, including China, has sharply reduced export sales of the new crop. Many countries have reduced advance orders and switched to spot purchases, making things difficult for elevators and traders who rely heavily on export demand.   According to a new analysis from CoBank Knowledge Exchange, continued uncertainty...