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According to the SEA Association, in 2023/24, India reduced vegetable oil imports compared to the previous season by 3.09% to 16 million tons due to increased domestic production and lower demand due to rising prices, Business Standard reports.   Thus, the import of crude palm oil decreased from 7.59 to 7 million tons, palm olein - from 2.11 to 1.93 million tons, soybean oil - from 3.51 to 3.44 million tons, while the import of sunflower oil increased from 3 to 3.51 million tons. At...

After the trade war that began during Trump's first term as US president, China began to reduce its dependence on American agricultural products to ensure its own food security.   Then Trump introduced an import tariff on Chinese goods worth $370 billion, and China in response imposed a 25% tariff on goods from the United States worth more than $100 billion, including soybeans, wheat, corn, sorghum, and pork.   The share of soybeans from the United States (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 CPT terminal, $ FOB, $ DAF, $ CIF, $ Vetch 13000 Wheat mill offals 5100 160 Mustard seeds 25000 24875 Peas 13000 13125 7150 935 Coriander 21500 ...

Soybean oil futures on the Chicago Stock Exchange collapsed yesterday after Trump announced appointments to the new Administration. It is clear that its representatives will carry out all Trump's orders, including the promised reduction in aid to "green" generation and increased oil production.   Trump has nominated ex-congressman Lee Zeldin to head the Environmental Protection Agency (EPA), whose first task will be to roll back Biden's environmental climate rules,...

Export demand prices for corn in the Black Sea ports of Ukraine fell by $2-3/t to $194-195/t or UAH 9,050-9,200/t during the week against the background of increased competition with Brazilian and American corn on the EU market.   The decrease in the exchange rate of the euro against the dollar makes the European market uninteresting for Ukrainian corn. Demand from China is almost non-existent, so Ukraine hopes for an increase in demand from Turkey in the second half of the...

Wheat prices on global exchanges remain under pressure from weak demand from importers and increased supplies from Argentina and Australia, which are harvesting crops.   Yesterday, against the background of improved conditions of crops in the USA and forecasts of precipitation in the USA, Ukraine and the south-east of the Russian Federation, quotations fell by another 1-2.3%, having decreased from the beginning of the week by 3-5.8%.   Yesterday, December futures...

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 CPT terminal, $ FOB, $ DAF, $ CIF, $ Vetch 13000 Wheat mill offals 5000 160 Mustard seeds 25000 24875 Peas 13000 13125 7150 935 Coriander 21500 ...

According to international agencies, in 2024/25, sunflower production in the Balkans and the Black Sea region will decrease compared to the previous season by 5.86 million tons, from 38.86 to 33 million tons, which does not meet even pessimistic expectations.   It is expected that the countries of the region will harvest the following amount of sunflower: Turkey - 1.3 million tons, Bulgaria - 1.45 million tons, Romania – 1.8 million tons, Ukraine - 12.5 million...