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Last week, prices for wheat, especially spring and durum, rose sharply on US stock exchanges. The reason was a lack of rainfall in winter wheat growing regions and a deterioration in the condition of crops, as well as the continuation of the war with Iran.   Markets are still waiting for a peace deal between the US and Iran, although the second round of talks, which will take place today, will be held under the pressure of escalation in the Strait of Hormuz, which remains closed....

The war with Iran and the blockade of the Strait of Hormuz have halted nearly a third of seaborne fertilizer shipments, prompting most importers to look for alternative sources of supply to supply their agricultural sectors. At the same time, some major fertilizer producers have restricted exports, further driving up market prices.   Fertiglobe notes reduced purchases in Africa and Australia. Brazil has been vulnerable to fertilizer shortages. Urea exports from the Persian Gulf...

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 offals6000 ↓ 250Mustard seeds35000Peas1150011117Rye7500Coriander32000Corn1066490018600 ↓ 318214210267Soybean hulls granulated150Soybean meal1900035018000Sunflower seeds29500Corn...

Demand for feed barley from Ukraine remains quite low, and importers are planning to increase purchases as they will soon begin harvesting their own crops.   In the 2025/26 MY (as of April 17), Ukraine reduced barley exports by 58% compared to the previous year, from 2.25 to 1.42 million tons, so by the end of the season it would be possible to ship another 0.8-1 million tons, which will be extremely difficult to do due to increased competition with European and Australian...

Following Friday's statements by President Trump and Iran's Foreign Minister about the full opening of the Strait of Hormuz to commercial vessels, June Brent crude oil prices fell by 9.4% to $90.5/barrel, with markets expecting negotiations to continue on Sunday or Monday.   However, on Saturday, the IRGC forces reported that the Strait of Hormuz was closed as the US continued to block Iranian vessels and Israel violated the ceasefire in Lebanon.   Two Indian...

In October-March 2025/26 MY, India increased its vegetable oil imports by 6.1% compared to the corresponding period of the previous season, from 7.52 to 7.98 million tons, Oil World (Germany) reports. However, while palm oil imports grew by 22% to 4.17 million tons, soybean oil supplies decreased by 4% to 2.42 million tons, and sunflower oil by 11% from 1.57 to 1.39 million tons.   In March, total imports of the three main oils amounted to 1.23 million tonnes (1.01 million tonnes in...

According to the European Commission's forecast, in the 2026/27 MY, EU countries will increase sunflower production by 1.2 million tons compared to the previous season to 9.6 million tons, which will be a 3-year maximum.   So, compared to last year, the harvest will increase: Romania (largest producer) – up 18% to 2.1 million tons due to an increase in sowing area to 1.2 million hectares, France (second largest producer) – by 33% to 1.9 million tons, Germany...

According to European tenders, the Grain Agency of Turkey held an international tender on April 16 for the purchase of unrefined sunflower oil with delivery from April 27 to May 22, 2026 on a CFR or EX-Antrepo Mersin basis.   The tender purchased 12,000 tons of oil from Aves at a price of $1,427/ton on an EX-Antrepo basis, including delivery and customs clearance.