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According to the World Bank (WB), as a result of the European Union's restrictions on fertilizer imports, global prices for the nitrogen fertilizer urea increased by 18% in July to $496/t, which is the highest level since December 2022, when the price reached $519.38/t.   From July 1, in addition to the current 6.5% duty on fertilizer imports from the Russian Federation, the European Union introduced an additional tariff of €40/t for nitrogen fertilizers and €45/t for...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF The Ukrainian market remains under pressure from low grain supply, as farmers are actively harvesting and are in no hurry to sell it. Prices for food wheat are increasing, increasing the discount relative to feed wheat to 600-800 UAH/t, with the price additionally discounted in the presence of "smut" (bleeding) grains. Rapeseed prices have...

The acceleration of rapeseed harvesting increased supply on the domestic market, so processors left their prices unchanged, and exporters even slightly reduced prices due to uncertainty about the timing of the entry into force of the law on 10% export duties.   The bill on the introduction of a 10% export duty on rapeseed and soybeans has not yet been signed by the President, so traders have reduced hryvnia prices for rapeseed to UAH 23,000–24,500/t with delivery to the port....

According to Reuters, in July, India increased its imports of edible oils by 1.5% compared to June to the highest level since November 2024 - 1.53 million tons, with soybean oil imports rising the most - by 38% to a 3-year high of 495 thousand tons. At the same time, palm oil imports decreased by 10% to 858 thousand tons, and sunflower oil - by 7% to 201 thousand tons.   Palm oil shipments fell in July as import contracts were cancelled after higher prices, while soybean oil...

Reduced rainfall in Ukraine has helped speed up grain harvests and increase export supplies, which has calmed markets somewhat. But prolonged rains have worsened wheat quality, leading to a drop in feed wheat prices and a rise in food prices.   World wheat prices fell slightly during the week, although demand for cheap American wheat increased.   In Ukraine, export purchase prices for wheat with delivery to Black Sea ports increased for food wheat by 100-200 UAH/t to...

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 offals 6000 ↓ 375 Mustard seeds 27000 Peas13844 13392 ↓ 18 12800 273 250 Buckwheat 14500 370 Rye 10000 ...

According to operational data from the Ministry of Economy, Environment and Agriculture, as of July 31, 15.474 million tons of grain and leguminous crops were threshed in Ukraine from 4.424 million hectares (39% of the planned harvesting area) with an average yield of 3.5 tons/hectare, which is significantly lower than last year's harvest rates due to heavy rainfall in the western regions of the country.   It should be noted that as of August 1 last year, 25.29 million tons of...

November rapeseed futures in Paris fell 2.2% to €475/t or $550/t (-1.6% month-on-month) on the back of falling oil prices and increased supply of the new crop. Prices have yet to react to another reduction in the EU harvest forecast and a delay in harvesting caused by rainfall.   The European Commission has lowered its EU rapeseed harvest forecast by 385,000 tonnes to 18.5 million tonnes compared to its previous estimate, which is 1.9 million tonnes higher than in 2024, when...