News

The prolonged decline in rapeseed quotations in Paris began to put pressure on export rapeseed demand prices in Ukraine, which, after a staggering 10% increase in a month and reaching the level of $550/t, began to decline.   Export demand prices for rapeseed in Ukraine have dropped to $530-540/t or UAH 24,500-25,500/t with delivery to ports, but the strengthening of the dollar against the hryvnia supports hryvnia prices at a high level.   A 12% drop in oil prices in two...

Kyiv and Brussels have agreed to revise the free trade agreement, which is part of the broader association agreement with Ukraine, European Commissioner for Trade Maroš Šefčovič said.   Some goods will be exempt from duty, while others will be divided into categories - for "less sensitive" products, quotas will be increased more, and for "more sensitive" ones (such as sugar, poultry, eggs, wheat, corn, honey, skimmed milk powder, malt, gluten,...

According to the State Customs Service, in the 2024/25 MY, Ukraine exported 40.499 million tons of grain and leguminous crops, in particular in June - 2.217 million tons, while in the 2023/24 MY, 50.553 million tons of grain were exported, of which in June - 3.621 million tons.   Thus, in the 2024/25 MY, the export of the following crops decreased (compared to the previous season): wheat – from 18.3 to 15.704 million tons, barley – from 2.477 to 2.318 million...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF USDA reports on US plantings and stocks did not bring any surprises, so markets remain under pressure from falling oil prices and increasing harvest forecasts amid favorable weather conditions. In Ukraine, farmers are in no hurry to sell the new crop, expecting further price increases due to reduced production, so traders continue to gradually...

Favorable weather conditions in the US continue to improve the condition of soybean crops, which increases the pressure on quotes for the new crop, despite forecasts of a slight decrease in the area sown in the US.   On the Chicago Board of Trade, July soybean futures fell 3.3% to $376.3/t (-1% per month) over the week, and November futures fell 1.9% to $377.4/t under pressure from data on reduced exports and increased stocks of the old crop, as well as favorable planting weather in...

Data on corn stocks and plantings in the US are in line with analysts' forecasts, but corn quotes remain under pressure from favorable weather in the US and improved crop forecasts for Brazil.   According to USDA reports: - US corn stocks as of June 1 amounted to 117.96 million tons, which is 9 million tons lower than last year, but in line with the average estimates of analysts; -corn plantings in the US amounted to 95.2 million acres, which is 150 thousand acres below...

Yesterday, several bearish USDA reports increased pressure on wheat stock quotes (which fell by 3.9-8.7% last week), but in Ukraine, forecasts of a reduced harvest led to a slight increase in export prices.   According to USDA reports: - wheat stocks in the US as of June 1 amounted to 23.15 million tons, which exceeded trade forecasts by 1.8% and last year's figure by 4.19 million tons; - wheat plantings in the US amounted to 45.478 million acres, which exceeded trade...

StatCan (Statistics Canada) has released an updated report on the 2025/26 MY crop area, according to which:   Canola: Crop area forecast lowered to 21.46 million acres : 0.9% less than the March estimate, 2.5% less than in 2024/25 MY, 1.2% below the 5-year average . The main reasons for the reduction: doubts about conditions on the prairies and trade difficulties. Despite the decrease in area, the forecast for canola production increased to 19.2...