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In the October supply and demand report, USDA experts slightly changed the world wheat balance compared to September estimates, but reduced forecasts for wheat exports and imports, so quotes continued to fall.   The pressure on quotes was also increased by increased forecasts for the US corn and wheat harvest and an increase in the estimate of US wheat stocks due to delayed exports.   December wheat futures fell on Friday: by 1.9% to $246.6/t - for SRW wheat in...

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, $ DAF, $ CIF, $ Wheat mill offals3500 ↓ 35080Mustard seeds6000Peas13000Buckwheat38000Rye6100White kidney beans31000Coriander36000Corn7800 ↓ 10055005900 ↓ 72203270Flax2400018000560Chickpea25000Rape-seed...

Restrictions on sea exports from Ukraine remain in place, and shipping through Danube ports is associated with increased risks. Against this background, the cost of road and rail logistics to ports and buyers in the EU continues to rise as the supply of new crop sunflower, soybean and corn increases.   As of October 6, soybeans in Ukraine have already been harvested from 53% of the area, or 851 thousand hectares. 1.89 million tons of soybeans have been threshed with an average yield...

According to market operators, the South Korean company Nonghyup Feed Inc. (NOFI) purchased about 134 thousand tons of feed corn of any origin at an international tender on October 7, out of a planned 207 thousand tons with shipment in January 2027.   The grain was contracted in two batches. The first batch of 68,000 tons was purchased from Mitsui at a price of $283.85/t C&F with a surcharge of $1.5/t for unloading at the port. Another 66 thousand tons of corn were purchased...

Soybean oil prices in China fell 2.39% in September amid high inventories and weaker-than-expected demand. According to SunSirs, the average market price of soybean oil fell from 9,216 yuan/t, or $1,375/t, at the beginning of the month to 8,996 yuan/t, or $1,342/t, as of September 30.   The main factor putting pressure on the Chinese soybean oil market remains high supply. In September, soybean arrivals remained significant, with weekly processing at oil extraction plants at...

Argentina sharply increased its soybean exports in September, to 870,000 tons, up from just 190,000 tons in August. At the same time, Argentine corn exports remained strong, rising to 3.7 million tons, up from 3.4 million tons a month earlier.   Amid limited opportunities for grain shipments from Ukrainian ports, some importers are reorienting themselves towards purchasing South American agricultural products. This supports exports from Argentina and may encourage local producers to...

Ukraine's grain market remains highly uneven in early October. Wheat prices in the port direction are holding at relatively strong levels, while new-crop corn remains under considerable supply pressure. In central regions, the situation is additionally affected by rapidly increasing new-crop supplies, the need to free up storage capacity and high transportation costs to ports and Ukraine's western border.   Corn is trading at around UAH 7,900/t on a CPT terminal basis, while...

Volatility in the EU rapeseed market is increasing sharply. Speculative price increases at the beginning of the season were caused by disruptions in rapeseed supplies from Ukraine and low water levels in European rivers, which also limited internal logistics and the supply of raw materials to processing plants.   The situation is changing now. Ukraine continues to increase its rapeseed exports, with around 430,000 tonnes shipped in September, while European farmers have also stepped...