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Ukraine's grain market in mid-October remains influenced by increasing new-crop supplies and a substantial gap between prices in inland regions and those linked to export infrastructure. Corn remains under the strongest pressure, while food wheat prices in the port direction are showing considerably greater resilience.   Corn is trading at around UAH 8,000/t on a CPT terminal basis, compared with approximately UAH 6,000/t EXW and UAH 5,800/t FCA. In central regions,...

Kazakhstani grain exporters are starting the 2026/27 season in a very difficult logistical situation. Traditional routes through the Black and Caspian Seas are overloaded, and access to the ports of the Baltic countries, through which grain was supplied to the EU, is blocked by the Russian Federation.   In an interview with APK News, the Head of the National Association of Grain Exporters KazGrain, Zeynolla Abdumanapov, spoke about the scale of the problem and possible ways to solve...

According to the MPOB (Malaysian Palm Oil Board) report dated October 12, in September, Malaysian palm oil stocks increased by 19.5% compared to August to a record 3.51 million tonnes, which exceeded market expectations. The main reason was the increase in palm oil production by 16.5% to 2.12 million tonnes against the background of a decrease in exports by 12.1% to 1.12 million tonnes. It is worth recalling that the country's oil production has been growing for 4 consecutive...

According to the USDA WASDE forecast, in the 2026/27 MY, Brazil will increase corn production compared to the previous season by 8% from 106.5 to 115 million tons, which will be 25% higher than the average for 2015-2024 (92 million tons). The area sown is expected to increase by 3.3% to 25 million hectares, and the average yield by 5% from 4.4 to 4.6 t/ha. Domestic consumption will increase by 3.2% to 64 million tons, and exports by 15% from 48 to 55 million tons, which will make the country...

Yemen's Iran-backed Houthis launched a missile and drone attack on Saudi Arabia's main airport over the weekend, killing and wounding dozens. Oil infrastructure was also targeted, raising the risk of escalation and potentially drawing Turkey and Pakistan, which have pledged support to Saudi Arabia in the event of an attack, into the war.   Iran over the weekend attacked four ships with drones and missiles that were crossing the Strait of Hormuz outside the “established...

Ukraine's grain market remains mixed in mid-October. Prices for milling wheat and corn are showing some recovery in the port direction, while new-crop supplies continue to put pressure on certain domestic delivery bases. A substantial price gap persists between producing regions and export channels due to logistics and storage costs as well as differences in buyer activity.   The most notable change is occurring in the corn market. The CPT terminal price increased by UAH 300/t to...

In an October report, USDA experts slightly lowered their forecast for global oilseed production in the 2026/27 MY, in particular the palm kernel harvest, peanuts in China, and rapeseed in the EU, which is partially offset by increased soybean and cotton production.   Compared to September estimates, the overall global oilseed balance for the 2026/27 MY has undergone the following changes:   The forecast for global oilseed production has been reduced by 1.26 million...

In the October WASDE report, USDA experts unexpectedly for analysts greatly improved the corn balance for the US, which caused the world corn balance to improve and caused the quotations in Chicago to collapse.   The main changes in the world balance occurred due to adjustments to estimates for the USA, although in the September report the USDA, on the contrary, significantly reduced its estimates . At the same time, the USDA did not change the forecast for corn exports from Ukraine...