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IGC experts again raise global grain production forecast for 2025/26 MY and expect global stocks to increase for the first time in 10 years
23.05.2025
In their May report, experts from the International Grains Council (IGC) raised their forecast for global grain production in 2025/26 MY by 2 million tons to 2,375 million tons compared to April estimates, which would exceed the current season's harvest (2,310 million tons) by 2.8%, in particular, the forecast for corn production - up to 1,274 million tons (1,223 million tons in 2024/25 MY). A significant increase in production is expected in the EU, Argentina, and the USA. The...
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Ukraine is introducing a state registration procedure for GMOs, similar to the one in the EU
23.05.2025
At a meeting on May 21, the Cabinet of Ministers of Ukraine adopted a resolution prepared by the Ministry of Agrarian Policy and Food on "Some Issues of State Registration of Genetically Modified Organisms", the purpose of which is to ensure the implementation of the provisions of the Law of Ukraine "On State Regulation of Genetic Engineering Activities and State Control over the Placement on the Market of Genetically Modified Organisms and Products" and to harmonize...
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Purchase prices for grains in Ukraine on May 22, 2025
22.05.2025
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 7000 ↓ 250 Mustard seeds 25000 Peas 260 Coriander 27000 Corn10656 9843 ↓ 1 10200 9300 ↓ 740 228 230 ...
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Sunflower trade volumes have increased in Ukraine, but prices remain stable
22.05.2025
The completion of sowing and favorable weather for sowing in Ukraine are forcing farmers to intensify sunflower sales, without waiting for the coveted 30,000 UAH/t. This increases the supply of Ukrainian sunflower oil on the world market, which remains under pressure from significant stocks and low demand from importers. In Ukraine, export prices for sunflower oil have decreased by $10/t to $1,110-1,115/t delivered to Black Sea ports and to $1,120-1,150/t DAP Germany and Macedonia,...
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Rising inventories put pressure on vegetable oil prices
22.05.2025
So far, the driver of global vegetable oil price growth has been soybean oil, which has risen 25% in 2.5 months on expectations of increased biofuel blending mandates in the US. But recent actions by the Trump administration have sent soybean oil prices plummeting, putting pressure on palm and sunflower oil prices. July soybean oil futures in Chicago fell 5% to $1,099/tonne in a week (+4% in a month), and yesterday after the close of trading they fell another 3% to $1,065/tonne on...
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From June 6, the EU will return quotas not for 7, but for 30 Ukrainian agricultural products
22.05.2025
On June 6, the autonomous trade measures (ATMs) introduced by the EU to support Ukraine after the full-scale invasion of the Russian Federation will expire, and the DCFTA regime - the Deep and Comprehensive Free Trade Area (DCFTA), established by the Association Agreement signed in 2014, will be restored. It provides for quotas for 30 types of Ukrainian products, including wheat, corn, sugar, tomato paste, dairy products, ethanol, pork, beef and other goods, - reports the Ukrainian Chamber of...
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Purchase prices for grains in Ukraine on May 21, 2025
21.05.2025
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Against the backdrop of falling prices for feed wheat and later for corn, prices for meal have begun to fall, which may further lead to a decline in sunflower prices. Purchase prices for sunflower delivered to the factory in Ukraine remain stable due to increased trading activity, but falling prices for oil and meal may put...
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Brazil increased soybean meal exports by over 60% in early May
21.05.2025
According to the Brazilian Secretariat of Foreign Trade (SECEX), soybean meal exports increased by 60.2% in May compared to the same period last year, while prices remain lower than last year. The average soybean meal export volume in May was 164.9 thousand tons. Thus, from May 1 to 9, soybean meal exports amounted to 990 thousand tons compared to 2.16 million tons for the entire month of May 2024. Recently, the national agency Conab increased its forecast for soybean...
