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The breakdown of negotiations between the US and Iran late last week led to another 13% increase in oil quotes, but vegetable oil prices remained almost unchanged for the week, remaining at their highest levels since 2022.   June Brent crude futures rose 13% to $111/barrel in the week (+2.8% in the month, +59% since the start of the war). Iran and the US continue to agree on terms for the start of negotiations, but the US is currently blocking supplies to/from Iran, worsening the...

According to the State Statistics Service of Ukraine, as of April 1, stocks of grain and leguminous crops in Ukraine amounted to 15.68 million tons, which is 5.3 million tons more than on April 1, 2025.   Compared to last year, grain stocks in storage at agricultural enterprises increased by 47.2% to 10.04 million tons, and at processing and storage enterprises - by 59.8% to 5.64 million tons.   By crop, stocks increased compared to last year: wheat – by 58.5%...

The European crop monitoring service Mars on April 27 raised its grain yield forecasts in the EU due to favorable weather conditions, although it warned of a rainfall deficit in some regions.   Sowing conditions remained favourable throughout Europe throughout the season, with moderate temperatures and sufficient rainfall in most regions. Winter crops are developing in mostly good conditions and the sowing campaign has already started in most European countries.   However,...

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 seeds35000Peas11500Buckwheat19500Rye120007500Coriander32000Corn10931 ↑ 22891428600 ↓ 339219 ↑ 2211267Flax30000Soybean meal18000Sunflower...

The domestic corn market reacted with a delay to the increase in world prices. On the basis of CPT-Odessa, prices increased by 5%, and on FOB they reached the highest level in the season. However, the reason is the devaluation of the dollar and the increase in stock market quotes, and not a shortage of supplies.   SWOT prices are rising on forecasts of a reduction in sowing areas in the US, high export rates (88% of the annual plan), and worsening weather in Brazil.   IGC...

The increase in demand for Ukrainian corn from Turkey has somewhat stimulated demand from European buyers, who are trying to purchase the necessary batches before prices in Ukraine rise.   During the week, export prices for corn in Ukraine increased by 150-200 UAH/t to 10,950-11,100 UAH/t or $220-223/t with delivery to Black Sea ports, but farmers continue to hold back sales in anticipation of further growth.   Cold weather is delaying the sowing of spring crops, so...

The sharp 14% increase in oil prices over the past week continues to support biofuel demand and rapeseed prices.   In addition, in Germany, the Bundestag on April 24 adopted legislative amendments to the RED III directive, which set new increased targets for the use of biofuels and abolished double counting of biofuels, which will allow for an increase in real demand for physical biofuels from January 1, 2026. This should clear the market of fraud and support prices for real volumes...

As the May wheat futures expiration date approaches (mid-May), traders are increasingly shifting to trading the new wheat crop, so July futures continue to rise in price, especially against the backdrop of adverse weather and forecasts of a reduced harvest in the US.   According to the USDA's crop condition report, the U.S. crop condition remained at 30% good or excellent for the week (49% last year), despite the rains in the Midwest. However, the U.S. spring wheat planted area...