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Amid the war with Iran, global wheat futures rose by 3.1-6.7% for the week, but paused growth in anticipation of the updated USDA balance
10.03.2026
The war with Iran is ongoing and could escalate into a major war in the Middle East at any moment. This has already led to a sharp speculative increase in oil prices and supported the prices of wheat and other food commodities. On Monday, oil prices rose by 27% during the session on news of fires at Iranian oil storage facilities, but fell by 20% in the evening amid new statements by Trump. Wheat quotes on world exchanges rose by 3.1-6.7% during the week of the war,...
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Nitrogen fertilizers in Ukraine have risen sharply in price due to the war in Iran
10.03.2026
During the first week of March, prices for nitrogen fertilizers in Ukraine increased sharply. In particular, the average price for UAN increased by approximately UAH 1,000/t, and for urea - by almost UAH 1,500/t. The traditional spring price increase this year has accelerated amid the war in Iran. The global nitrogen fertilizer market is shocked by the situation in the Middle East, as a significant volume of raw material and finished product shipments pass through the Strait of...
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Purchase prices for grains in Ukraine on March 9, 2026
09.03.2026
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 offals6000 ↓ 250Mustard seeds35000Peas11300200Coriander32000Corn10351 ↑ 1287188600 ↓ 66213 ↑ 1214239Soybean hulls granulated150Flax30000Soybean meal330Chick-peas25000Rape-seed...
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Panic in the oil market caused by fears of a possible expansion of the conflict to the entire Middle East
09.03.2026
On the 9th day of the war with Iran, it became clear that the US and Israel were not ready for the response – the Iranian plan Madmen “crazy”, which envisaged strikes not only on Israel and US bases in the region, but also on the civilian and oil infrastructure of neighboring and friendly countries to Iran. Iran decided to make the war extremely expensive not only for Israel and the US, but also for the Arab countries, their economies, tourism, energy, transport and...
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On the 9th day of the war in Iran, the escalation intensifies
09.03.2026
After 9 days of the US-Israeli war against Iran, it became clear that Iran was ready to attack and had created a plan to draw the entire Middle East region into the war, hitting the global economy with rising oil prices and increasing tensions on the stock markets. According to the New York Times, the Iranian government began preparing for a new war with Israel and the United States after the 12-day conflict in 2025 and developed Operation Madman. Ayatollah Khamenei has appointed...
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Tunisia purchased soft and durum wheat at a tender at a higher price than in January
09.03.2026
The Tunisian Grain Agency (ODC) on Friday, March 6, purchased 100,000 tons of soft wheat and 50,000 tons of durum wheat of any origin at a tender, Reuters reports. Soft wheat was purchased with delivery from April 1 to May 20 in the following batches: 25 thousand tons from Buildcom at a price of $271.69/ton C&F (including freight), 25 thousand tons at Cereal Crops – $274.68/ton C&F, 25 thousand tons at Cofco – $272.01/ton C&F, 25 thousand tons...
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In 2025/26 MY, Australia reduced canola exports to a 4-year low
09.03.2026
According to Oil World, during October-January 2025/26 MY, Australian canola exports decreased by 18% compared to the corresponding period of the previous season to 1.86 million tons, which is the lowest figure in the last 4 years. During the same period, canola supplies from Australia to the EU decreased from 1.73 to 1.12 million tonnes, to Pakistan from 342 to 0 thousand tonnes. At the same time, supplies to the UAE increased from 54 to 311 thousand tonnes, to China from 0 to 185...
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Canadian farmers will increase the area under canola and reduce the area under wheat
09.03.2026
According to Statistics Canada experts, in the new season, the area sown with canola, barley, corn and soybeans in the country will increase, while wheat, oats, lentils and peas will decrease. The forecast was made after a survey of farmers, so further estimates may be adjusted. Wheat acreage is expected to decline 1.1% from the previous year to 26.7 million acres (10.81 million hectares), with spring wheat acreage remaining at the same level as last season, while winter wheat...
