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Against the backdrop of increased demand from Turkey and restrained sales by farmers, export prices for corn in Ukraine increased by $2-4/t last week to $208-210/t or UAH 9,900-10,000/t with delivery to Black Sea ports, with prices for deliveries in March reaching and exceeding $210/t.   Corn export rates, like in December, remain lower than last year. For January 1-17, grain exports amounted to 1.24 million tons (.62 million tons for this period in 2024), and in total in 2024/25 MY...

Traders had expected a decline in Malaysian palm oil inventories to a 19-month low in December to boost prices, but a sharp slowdown in exports in January added to the pressure on prices.   According to surveyors Intertek Testing Services and AmSpec Agri Malaysia, Malaysia reduced its palm oil exports by 15.5-23.7% between January 1 and 15.   India, the world's largest importer of vegetable oils, may cut palm oil imports to a 5-year low in January amid negative...

Experts from the consulting agency Strategie Grains have increased (compared to December estimates) the forecast for the EU soft wheat harvest in the 2025/26 MY from 126.6 to 127.2 million tonnes, and barley - to 50.5 million tonnes, although the area sown with spring barley will decrease. This was facilitated by good weather conditions in Germany and Poland, - reports Reuters.   At the same time, Strategie Grains expects an increase in corn sowing areas, which, against the...

Egypt has not traditionally held public tenders, but traders have had information about offers and sales, giving insight into a sector where physical business is largely conducted privately. But in recent months, after the replacement of the purchasing agency, such information has become unavailable. Traders are now unable to determine the volumes, prices and origins of grain being sold by competitors.   In early December, GASC announced that the procurement will be handled by the...

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 CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 5750 Mustard seeds 25000 25000 Peas 14250 350 Buckwheat 14500 Coriander 21500 Corn 9725 ↑ 12 8809...

Temperatures will warm across the U.S. , especially in the Northeast, on Thursday and Friday, but a new front will bring snow and rain over the weekend, bringing a new wave of cold air that will last for at least a week. This could lead to losses to winter crops that don't have enough snow cover. The cold front will spread to the southern regions next week.   In central and northern Brazil, the rainy season is continuing, which is favorable for soybean planting. But the harvest...

In 2025, the area under soybean and rapeseed crops in Ukraine will decrease, but the area under corn will increase. This was reported by the Ukrainian Association of Agrarian Business (UKAB) on January 15.   As explained by Svitlana Lytvyn, head of the analytical department of UCAB, changes in the crop structure are largely due to the influence of the world market. "In 2022–2023, soybeans remained almost the only profitable crop due to the favorable situation on the...

In a January report, IGC experts lowered their forecast for global grain production in 2024/25 MY by 7 million tonnes to 2,305 million tonnes and consumption to 2,335 million tonnes compared to December estimates due to the active use of grain for food and ethanol. The forecast for carryover stocks was reduced by 3 million tonnes to 573 million tonnes, primarily for barley and maize. Global grain trade is expected to increase by 1% to 420 million tonnes, which is 8% lower than in 2023/24 MY,...