News

Global stock markets continue to experience a catastrophic fall in canola and canola prices, driven by lower soybean oil prices and the new US administration's plans to impose tariffs on canola and oil from Canada.   Significant speculative overbought in futures was met with a sharp sell-off of contracts caused by the possible introduction of a duty.   January canola futures on the Winnipeg exchange yesterday fell another 2.6% to CAD565/t or $403/t (-14.3% since...

The companies ADM (Archer Daniels Midland), Bunge, Cargill and Louis Dreyfus collectively control 50-60% of the international trade in wheat, corn and soybeans, reports Agrarheute with reference to the research data of the Committee on Agriculture of the EU Parliament.   The authors of the study believe that this creates risks for farmers and consumers, so they ask the EU to intervene in the situation. In their opinion, these companies may abuse their market position and detailed...

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 5350 165 Mustard seeds 25000 24875 Peas 13000 11200 ↑ 4050 330 Buckwheat 8250 ...

According to the EIA, the export of fuel ethanol from the USA for the first 8 months of the current year increased by 34.92% compared to the corresponding period of 2023 to a record 29.59 million barrels, S&P Global Platts reports.   Low prices for American ethanol against the background of stable global demand contributed to the increase of its supplies from the United States to Great Britain, India and Colombia. Exports were also boosted by a reduction in ethanol supplies from...

Purchase prices for rapeseed for delivery to Ukrainian Black Sea ports continue to fall following the decline in stock market quotations and reduced demand from traders due to the decrease in rapeseed stocks in Ukraine.   During the week, rapeseed prices in ports fell by UAH 1,000-1,500/t to UAH 24,800-25,000/t or $520-530/t under the pressure of a 7% drop in quotations on the Paris stock exchange.   February rapeseed futures on the Paris MATIF fell 1.5% to €505.75/t...

Biodiesel prices in the US rose sharply last week after several weeks of stability, under pressure from various factors affecting the supply and demand dynamics of biodiesel in the market.   According to ChemAnalyst analysts, US UCO CFR Houston biodiesel prices rose by 1.3% to $1,545/t in the period from November 16 to 22 due to increased shortage of raw materials on the domestic market. The constant increase in the price of soybeans, the raw material for biofuel, also affected 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 5350 165 Mustard seeds 25000 24875 Peas 13000 7150 330 Buckwheat 8250 270 ...

Yesterday, on his page on the Truth social network, D. Trump said he would impose additional 10% tariffs on goods from China and 25% tariffs on goods from Canada and Mexico, which worried markets about possible supply cuts. The Canadian dollar fell to a 4-year low, the peso hit its lowest level since 2022, and soybean oil prices rose 3% on the news.   An increase in tariffs on Canadian goods will reduce supplies of canola oil, which is used in the US to make biodiesel. Against this...