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For 4 consecutive days, the US and Israel have continued joint strikes on Iran, destroying both the military potential and the leadership of the Iranian regime. It has already become clear that the Iranian military will not be able to close the Strait of Hormuz, although they are trying to attack individual ships. Therefore, yesterday, President Trump ordered the US Development Finance Corporation to provide risk insurance and guarantees for ALL maritime trade passing through the Persian Gulf,...

The war against Iran has already led to a 15% increase in world oil prices and a 30% increase in gas prices, and will soon lead to an increase in fertilizer prices. However, grain and oilseed prices, which usually rise in line with oil prices, have come under pressure this time from a decrease in physical demand for grain from traditional buyers of Ukrainian grain in the Middle East.   In February, Ukraine exported 2.48 million tons of corn, of which 802 thousand tons (32%) went to...

In Ukraine, an abnormal speculative price increase continues on the diesel fuel market, caused by the war in the Middle East, according to a report by NaftoRynk.   The average price of diesel fuel increased by 14.7% or 9.11 UAH/l per week, in particular over the last three days - by 12.9% or 8.02 UAH/l to 62.01 UAH/l, and the number of offers decreased by 55%, which supported prices.   The reason was the aggravation of the geopolitical situation and the increase in world...

Global markets have reacted sharply to US and Israeli strikes on Iran and restrictions on shipping in the Strait of Hormuz, through which about 20% of the world's oil supplies pass. But this war will affect more than just oil.   Latifundist.com analysts analyzed how the situation in the Middle East could affect the Ukrainian corn and nitrogen fertilizer market.   The Strait of Hormuz is a narrow sea corridor between Iran and Oman that carries about 20% of the...

Forecasts of oil prices rising to $90-100/barrel at the opening of the stock exchanges on Monday did not materialize, as the US and Israel continued to strike Iranian military facilities to deprive it of the ability to close the Strait of Hormuz.   May Brent crude futures rose 6.9% yesterday to an 8-month high of $78/barrel, after reaching $80-82/barrel during the day. Markets expect that traffic through the strait will not be blocked and will resume quickly.   US Central...

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 offals6000 ↓ 250Mustard seeds35000Peas11300200Coriander32000Corn1029788018600 ↓ 113212220210 ↑ 5239Soybean hulls granulated150Flax30000Soybean meal18700 ↑...

In February 2026, Ukraine increased its agricultural exports by 0.3% compared to January to 5 million tons, the Ukrainian Agricultural and Food Agency (UKAB) reported, citing data from the State Customs Service of Ukraine.   For the fourth month in a row, agricultural export volumes have remained at about 5 million tons, and the bulk of this volume is corn.   Compared to January, agricultural exports in February changed as follows: grain crops – grew by 1% to...

In a March report, experts from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) increased their forecast for winter crop production (including wheat, barley and rapeseed) in Australia in 2025/26 MY from 66.3 to 68.4 million tonnes, due to better-than-expected yields, compared to December estimates. This would be 13% higher than last year and 15% higher than the 5-year average (59.5 million tonnes), making it the second-largest winter crop in the country's...