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In the first 50 weeks of the 2025/26 season, European Union countries significantly increased their oilseed exports.   The total volume of deliveries reached 1.833 million tonnes, which is 41% higher than the same period last marketing year, according to data from the European Commission.   The highest export growth rates were recorded for rapeseed and sunflower, while most processed products — meals and vegetable oils — show a decrease in...

Export demand for Ukrainian corn remains weak, although market participants expected it to pick up during the duty-free quota for supplies to Turkey, which is valid until July 31. The main reason for the low activity of importers was a good harvest of barley and wheat in Turkey, which is already being harvested. This reduced the country's need for imported corn, so Ukrainian exporters did not receive the traditional end-of-season premium, as was the case last year.   According to...

The global soybean market continues to be under pressure from increased supply from South America and expectations of a record harvest in the 2026/27 season. An additional negative factor was the sharp drop in oil prices, which caused a collapse in soybean oil quotes in Chicago, which were near multi-year highs just a few weeks ago.   Over the past week, July soybean futures on the Chicago Board of Trade fell 1.9% to $406.8/t, down 6.9% from a month ago. Meanwhile, July soybean oil...

The resumption of shipping through the Strait of Hormuz after the signing of a ceasefire memorandum by the US and Iran, as well as the initial results of negotiations between the parties, continue to exert strong pressure on the global oil market.   According to MarineTraffic, shipping through the Strait of Hormuz has increased dramatically. While only 32 ships crossed the strait between June 12 and 14, this figure almost tripled to 93 ships between June 19 and 21.   An...

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 offals5500 ↓ 400Mustard seeds35000Peas11300Coriander32000Corn109509573217214Flax650Chickpea24000Rape-seed oil5900010501240Sunflower oil900Wheat grade II110039410218Wheat grade...

According to Agroexport's calculations, by the end of the 2025/26 marketing year (July 2025 – June 2026), China will import more than 1.4 million tons of rapeseed oil from the Russian Federation, which will be a record figure and exceed the result of the previous season.   Currently, China's share in the structure of Russian rapeseed oil exports exceeds 90%, which indicates the strengthening of the Russian Federation's role as a key supplier of this product to the...

The further decline in oil prices has not yet led to the expected significant pressure on the vegetable oil market. Due to active demand and seasonal supply, most major vegetable oils maintain relatively stable price positions.   August Brent crude futures have fallen 2.6% to $77/barrel in the past seven days and are currently trading just 11% above their pre-Iranian levels. However, market participants do not expect further significant price declines as many countries and companies...

According to the June MARS Bulletin, crop growing conditions remain generally favourable in most regions of the European Union. Winter crops are approaching maturity and spring crops are continuing to develop vigorously. However, a dry spring and heat waves in May have already negatively affected crop prospects in parts of Western, Central and Eastern Europe.   MARS experts note that high temperatures and a deficit of precipitation will persist in much of Western and Central Europe...