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India has canceled soybean oil shipments from South America due to the falling rupee and the price difference between local and imported oil.   The depreciation of the rupee and rising world prices have led to South American soybean oil being traded at $25-30/t more expensive than local soybean oil, making its import unprofitable, so Indian buyers have turned their attention to tropical oil, which is traded at deep discounts.   According to Bloomberg, since the beginning...

Weighted average procurement prices for grains and oilseeds in Ukraine under CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF terms           Procurement Prices in Ukraine   CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat...

A sharp decline in demand for whiskey, cognac and tequila has led to the accumulation of record stocks of unsold alcohol among the world's largest producers, the Financial Times reports .   According to the publication, the unprecedented decline in the consumption of hard alcohol is forcing international companies to conserve production capacity and reduce prices in order to reduce the volume of products accumulated in warehouses.   The combined value of unsold...

A front of extremely cold Arctic air swept across most of the US over the weekend, bringing heavy snowfall and icing, leading to power outages in more than 700,000 homes and the cancellation of nearly 10,000 flights. A state of emergency was declared in 12 states, and the government said the snowstorm was the worst in 100 years.   In the Midwest of the US, temperatures dropped to 18-22 degrees at night and 10-15 during the day over the weekend, with heavy snowfall covering winter...

The Ministry of Economy of Ukraine, in accordance with Government Resolution No. 1795 of December 31, 2025 "On Approval of Lists of Goods, Export and Import of Which are Subject to Licensing, and Quotas for 2026," distributed the volume of the sugar export quota, the press service of the department reported. The total quota of 100 thousand tons was distributed among exporters in proportion to the actual volumes of exports of these products to EU countries during 2025. The...

Weighted average procurement prices for grains and oilseeds in Ukraine under CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF terms           Procurement Prices in Ukraine   CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat...

Rising prices for sunflower oil and a jump in the dollar exchange rate against the hryvnia on the interbank market led to a sharp increase in sunflower purchase prices in Ukraine to the highest level in the 2025/26 season.   Restrictions on supplies of Ukrainian sunflower oil contribute to the growth of prices for Russian sunflower oil, which increased by another $20-30/t to $1,270-1,280/t FOB Black Sea in a week, as a result of which the demand for sunflower oil with delivery to...

Agriculture and Agri-Food Canada (AAFC) forecasts that Canadian farmers will increase canola acreage and reduce pulses and niche crops in 2026/27. At the same time, overall production of most crops in Western Canada could decline as yields return to multi-year averages, while corn and soybeans will show increases.   The agency notes that key factors influencing crop structure will remain crop rotations, moisture availability, price expectations and input costs. Increased uncertainty...