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In Ukraine, the weather is conducive to sowing and crop development, and precipitation forecast for the next 7 days across Ukraine will increase harvest potential, forcing farmers to accelerate sales of the old wheat and corn crop.   Increased demand for corn in ports from exporters still persists, but demand from Turkey is gradually being covered, so export prices for corn, after reaching the level of $230/t, decreased slightly and remained at the level of UAH 11,350-11,400/t or...

On Sunday, the White House released a briefing on the May 14-15 talks between the US and China, stating that "China will purchase at least $17 billion worth of US agricultural products annually in 2026 (proportionately), 2027 and 2028, in addition to the soybean purchase commitment (12 million tonnes) made in October 2025."   On this news, July futures on the Chicago Board of Trade rose sharply: for American soybeans - by 3% to $445.7/t (unchanged for the week), for...

On US exchanges, wild jumps in wheat quotes continue, caused by lower production forecasts, weather conditions and hopes for increased supplies to China, but rising prices limit the good global wheat balance for this and next season.   Rising US wheat prices support Ukrainian wheat export prices, although demand from importers remains quite weak.   The weather in Ukraine is conducive to the development of crops and the completion of sowing of spring crops, and the...

USDA experts predict that in the 2026/27 MY, North African countries, due to increasing their own wheat production, will reduce wheat imports by 12.9% compared to the previous season, from 33.3 to 29 million tons, which will be the first reduction in supplies in the last five years.   Morocco is expected to reduce wheat imports by 43% to 4 million tons, Algeria by 10%, and Egypt by 5%.   The USDA notes that favorable weather conditions have allowed grain production in the...

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 offals6100 ↓ 250Mustard seeds35000Peas11300Coriander32000Corn11182 ↓ 1397249200 ↑ 40224214 ↑ 1Soybean hulls granulated150Soybean cake340Sunflower oil cake11500Oats10500Sunflower...

The probability of El Niño formation in May–July 2026 has increased to 82%, according to the US Climate Prediction Center. This climatic phenomenon significantly affects the weather in key agricultural regions of the world, and therefore the prospects for harvests, exports, and prices for grain and oilseed crops.   According to the center, neutral ENSO conditions are currently maintained in the Pacific Ocean, meaning El Niño has not officially formed. At the same...

Following its successful blockade of the Strait of Hormuz and the development of a plan to collect fees for the passage of ships, Iran has decided to start charging the world's largest technology companies for the use of underwater internet cables laid along the bottom of the Strait of Hormuz. Iranian media outlets are threatening to damage these cables if they do not receive the funds.   This position of Iran puts the United States at a disadvantage, as damage to the cables,...

The world's largest soybean importer, China, may significantly reduce purchases in the new season amid a decline in the pig population and government programs to reduce dependence on imports, Bloomberg reports.   According to the forecast of China's MSG, in the season starting in October 2026, soybean imports will decrease by 7.6% compared to the previous year to 95.5 million tons.   The department explains this by the reduction of the pig population, which is...