News

The European Commission has lowered production forecasts for most agricultural crops in the EU in the 2026/27 MY due to adverse weather, with the largest reduction in estimates for corn, the area under which has also decreased significantly.   Thus, compared to June estimates, harvest forecasts have been reduced: soft wheat – from 126.3 to 124.4 million tons (+8% compared to 2025/26 MY), as a result of which the export estimate was reduced from 30 to 29 million tons, and...

The Tunisian Grain Agency (ODC) purchased 75,000 tons of common wheat of any origin at an international tender on July 30, with shipment from August 25 to September 30, 2026, at an average price of $288.19/ton C&F, which is $5/ton higher than the price of the previous tender on July 21, indicating an increase in world prices against the backdrop of a possible reduction in supplies of Black Sea wheat, European traders report.   The following lots were purchased at 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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals5500Peas1000011200Rye grade II6500Coriander35000Corn9300 ↓ 6608513 ↓ 1418600 ↑ 244185201250Flax600Rape-seed oil590001025 ↓ 211225Sunflower oil1225Wheat, grade I275Wheat...

Favorable precipitation continues in the US and China, as well as in the Black Sea region, and only a new heat wave in Europe is causing concerns for the harvest of late crops.   The US corn belt sees one or two precipitation fronts each week, which, even with the warmer temperatures, are producing a fairly good corn and soybean crop. Heavy rains have been falling across the Midwest this week, bringing temperatures back to normal, and more rain and normal temperatures are expected...

Since July 22, ships have practically stopped entering Ukrainian ports for loading, while the Russian Federation continues to attack the Odessa region with drones and missiles, destroying port infrastructure and civilian facilities, which has stopped the operation of grain terminals and the trading activity of traders.   Over the past week, 5 ships have been officially confirmed to have been hit, although more than 10 ships were attacked in total, but some were able to continue to...

In early July, spot rapeseed prices rose sharply amid slowing supplies and a shortage of raw materials at factories, but this increase boosted supplies and stabilized prices.   July is considered the off-season for vegetable oil markets, so consumers do not stockpile large quantities, but only buy what they need. In addition, the significant price difference between rapeseed and soybean oils has limited the growth in demand for rapeseed oil.   The increase in global...

According to estimates by the South African Ministry of Agriculture and USDA experts, corn production in South Africa will increase compared to the previous season from 17.3 to a record 18 million tons, which will exceed the previous record of 2017 and increase export potential in the 2026/27 MY.   The increase in production was facilitated by a slight increase in the area sown to 3.1 million hectares and good weather conditions in the second half of the season. In January, heat and...

Grain procurement prices in Ukraine remain under pressure from abundant new-crop supplies and the ongoing harvest campaign. As of July 30, 2026, traders are purchasing Grade 2 wheat at an average price of UAH 10,088/t, corn at UAH 9,960/t, barley at UAH 9,125/t, sunflower seeds at UAH 26,438/t, soybeans at UAH 19,900/t, and rapeseed at UAH 23,180/t. Current procurement prices for grain and oilseed crops by region and delivery basis are provided in the table...