News

As we predicted last week , palm oil prices have continued to decline, putting pressure on soybean and sunflower oil markets. Seasonal supply growth is accelerating, causing buyers to slow down their purchases. India has reduced import duties , which will stimulate increased supplies and saturation of the domestic market, but at the same time will contribute to a further decrease in vegetable oil prices.   November palm oil futures on Bursa Malaysia fell 3% to 4,626 ringgit/t or...

From October 1, the rental rate for grain wagons of the Transport Logistics Center branch of Ukrzaliznytsia JSC will increase to 3,371 UAH/day excluding VAT after four months of no change at the level of 3,271 UAH/day. Also, the rate for using wagons for transporting flour of conventional type 972 will increase by 200 UAH/day compared to August — to 403 UAH/day.   The rental rate for tank cars for transporting food products in October will increase from 1,600 UAH/day to...

Kazakhstan expects a new record oilseed harvest of over 5 million tons in 2026. The forecast is supported by a significant expansion of the sown area and generally favorable crop conditions, despite drought in some regions. According to the government, the area under oilseeds increased to approximately 5.2 million hectares this year as part of a strategy to shift from traditional grains to more marginal crops.   Sunflower remains the main driver of growth. Its sown area reached a...

As of September 28, grain and leguminous crops in Ukraine have been harvested from 7.114 million hectares, or 61% of the planned area. The total threshing is 34.31 million tons with an average yield of 48.2 centners/hectare. For comparison, as of September 25 last year, 7.214 million hectares were harvested, or 63% of the forecast, and the gross harvest was 30.423 million tons with an average yield of 42.2 centners/hectare.   789 thousand tons of corn were threshed from 153.3...

Improved weather and canola harvest conditions in Canada, higher crop forecasts in Australia and an increased crop forecast in the EU are putting pressure on rapeseed and canola quotes. Additional negative factors were falling soybean prices in Chicago and a seasonal increase in sunflower supply.   We predicted that in October the oilseed market would face an increase in the supply of rapeseed, soybeans, and sunflowers, and with favorable weather for soybean sowing in Brazil, quotes...

Ukraine's corn market remains one of the most volatile as new-crop supplies continue to enter the market. Following the sharp decline at the end of last week, prices have partially recovered, with corn currently quoted at around UAH 6,500/t EXW. At the same time, FCA bids have declined to UAH 6,300/t, indicating that significant pressure on the domestic market remains.   The advancing harvest, increasing physical grain supplies and farmers' need to free up storage capacity...

Ukraine's energy system maintains a surplus of electricity, allowing it to actively export surpluses to neighboring EU countries. In the first 24 days of September, exports amounted to about 375 GWh, while imports were only 64 GWh, so net exports exceeded 311 GWh.   One reason for the surplus is the reduction in domestic consumption due to strikes on industrial, particularly energy-intensive metallurgical enterprises. This week, the minimum consumption was 6,800 MW, and the...

American farmers' hopes for a new deal with China to increase American soybean supplies did not materialize as we predicted , causing a sharp pullback in soybean quotes and dragging down other grain markets. Following the meeting of the leaders of the United States and China, the parties agreed on tariff relief for goods worth a total of about $60 billion in mutual trade and extended the trade truce until January 10, 2027. Each party identified approximately $30 billion in non-sensitive...