News

The gradual decline in oil prices (-5.2% per week, -13.5% per two weeks) and improved conditions for corn planting in the US continue to put pressure on corn quotes in Chicago, which fell by 9.2% per month, losing the speculative growth caused by the war with Iran and weather factors.   During the week, July corn futures in Chicago fell 4.2% to $174.8/t (-9.2% month-on-month) and are trading 5.2% lower than a year ago, while December futures fell 2.9% to $186/t (-6.7%...

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 offals6100 ↓ 250Mustard seeds35000Peas11300Coriander32000Corn1140098379500 ↓ 20225215Soybean hulls granulated150Lupine13000Soybean cake340Chick-peas2400Sunflower oil13001150Wheat...

Favorable precipitation last week, which will continue this week in major wheat-exporting countries, led to a decrease in wheat quotations on exchanges by 2.9-6.2% per week, and in total, prices have already fallen by 3.4-8.2% per month.   Such a sharp drop in quotes and an increase in the harvest forecast in Ukraine (insert link to today's news about the UGA forecast) due to improved weather conditions reduces export prices for Ukrainian wheat.   According to NASS...

Experts from the Ukrainian Grain Association predict that in 2026 the harvest of grain and oilseed crops will increase compared to the previous year from 80 to 83.6 million tons.   Against this background, agricultural exports could increase from 42.3 to 50.8 million tons if Russia's constant attacks on Ukrainian infrastructure and energy do not complicate the logistical situation.   Compared to last year, crop production in 2026 is expected to increase by: wheat...

Pakistan has lifted the 2024 ban on the import of GMO soybeans and canola until 2027. From May 24, imports of genetically modified soybeans and canola can be carried out without restrictions on the validity of permits.   Liberalization of legislation will strengthen the raw material base for the production of oils and animal feed, simplify licensing procedures, and expand the powers of biosafety committees operating at universities and private scientific...

The Australian Bureau of Agricultural Economics and Resources (ABARES) released its first winter crop forecasts for the 2026/27 MY in a June report. Winter crop production is expected to decline by 21% to 54.5 million tonnes compared to the previous season due to uneven summer and autumn rainfall and a possible winter drought.   In particular, wheat production will decrease by 26% to 26.7 million tonnes (which will be 23% below the 5-year average) due to a 12% reduction in sowing...

At the end of the marketing year, agricultural exports from Ukraine usually decline, and the current season is no exception, although the country still has significant volumes of products intended for export, primarily grain crops.   In May, exports of goods decreased compared to April: grain crops – by 12% to 3.6 million tons (of which 65% is corn, 34% is wheat, 1% is barley), vegetable oils – by 8% to 463.4 thousand tons (sunflower 85%, soybean 9%, rapeseed...

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 offals6100 ↓ 250177Mustard seeds35000Peas11300Coriander32000Corn1140098379500 ↓ 20225214Soybean hulls granulated150Soybean cake340340Chick-peas2400Sunflower oil13001150Wheat grade...