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Decreasing inventories and active demand for sunflower oil at the end of the season pushed sunflower prices in Ukraine to their highest levels in the 2024/25 season, but the approaching sunflower harvest is cooling the market a bit, and prices are starting to decline.   Demand prices for sunflower in Ukraine fell by 300-500 UAH/t to 26,800-27,000 UAH/t (50% oil content) in a week following a slight decrease in export prices for sunflower oil to $1,150-1,160/t with delivery to the...

Egypt's state grain purchasing company Future of Egypt has agreed to purchase at least 200,000 tons of French wheat in recent private deals with exporters, as well as several batches of wheat of 30,000 tons each from Ukraine and Romania, Reuters reports.   Egypt is one of the world's largest importers of wheat, purchasing over 12 million tons each year, of which government agencies import about 5 million tons.   Previously, state procurement of wheat and vegetable...

Some of the largest buyers of Russian wheat - Iran and Syria - will sharply reduce production and increase imports in the 2025/26 MY. It is expected that due to drought and low state procurement prices, Iran will reduce domestic production and significantly increase wheat imports between the beginning of the calendar year and the end of March.   The head of the National Syndicate of Wheat Farmers of Iran, Ataollah Hashemi, said on Sunday that Iran's domestic wheat production in...

Brazil's antitrust authority CADE is suspending the "soy moratorium" that restricted purchases of soybeans grown on the site of deforested lands, which could soon increase soybean supplies.   Grain traders of the world's largest soybean exporter must stop the "soybean moratorium" program within 10 days, otherwise they face significant fines, Reuters reports.   A private agreement signed 20 years ago aimed to protect the Amazon rainforest and...

After the introduction of a temporary tariff on Canadian canola, up to 400,000 tons of rapeseed meal that arrived from Canada accumulated in China's bonded warehouses before the introduction of the new tariffs, and now traders are considering sending this meal to other countries in Southeast Asia, possibly even with a large discount of up to 30%.   This information again increased pressure on Canadian canola prices, which were already slowly recovering after the fall caused by...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 6000 ↓ 375 Mustard seeds 27000 30000 Peas13876 13367 275 Buckwheat 15000 Coriander 27000 ...

Demand prices for Russian sunflower oil for delivery in August-September decreased by another $5-10/t to $1,130-1,135/t FOB during the week against the backdrop of forecasts of a good harvest and the beginning of a seasonal decline in prices, which has already led to a decrease in demand prices for sunflower oil in Ukraine from maximum levels of $1,160-1,175/t to $1,150-1,160/t with delivery to Black Sea ports.   It is worth noting that prices on the domestic market remain at the...

According to the UK's Agricultural and Horticultural Research Board (AHDB), early harvest data shows mixed results - weak figures for wheat and good figures for rapeseed and barley.   Thus, AHDB reports that the yield of winter wheat is 6.9 t/ha, which is 11% lower than the 5-year average, but it varies significantly depending on the regions. At the end of July, wheat was harvested on 11% of the area, which exceeds the indicators of the last two years and corresponds to the level...