News

May soybean oil futures on the Chicago SWOT rose 8.4% in a week (after falling 4.5% the week before last) to the highest level since December 2022 of $1,588/t (+10% per month) against the backdrop of a new jump in oil prices.   The rapid rise in oil prices is the main driver of soybean oil prices, as demand from biofuel producers has finally begun to pick up. RIN (D4) values have reached their highest levels since 2022, which is encouraging refiners to actively purchase soybean oil...

As of April 21, farmers of all categories of farms in Ukraine sowed 1,251.9 thousand hectares or 21% of the planned area with grain and leguminous crops.   On the specified date, the following was sown: wheat – 158.8 thousand hectares, barley – 623.8 thousand hectares, peas – 238.3 thousand hectares, oats – 117.5 thousand hectares, corn – 75.7 thousand hectares, millet – 1.2 thousand hectares. 0.01 thousand hectares of...

During the week, SWOT corn prices remained low under pressure from improving weather in the US and an increase in the harvest forecast in Argentina to 61 million tons. The share of arid regions in the US decreased to 26%, South America is actively increasing supply, and prices are not yet taking into account the increase in production costs and a possible reduction in acreage.   In Ukraine, during the week, prices for CPT-Odesa increased by $2/t to $216/t, while FOB prices remained...

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, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 250Mustard seeds35000Peas1150011117Rye7500Coriander32000Corn1066490018600 ↓ 330216211 ↑ 1267Soybean hulls granulated150Soybean meal1900035018000Sunflower seeds29500Corn...

Turkey's introduction of a quota for the import of 3 million tons of corn with a reduced duty of 5% supported prices for Ukrainian corn, which increased by $2-3/ton in a week. The quota is planned to be in effect from April 20 to July 31, 2026, which will provide an additional "window of opportunity" for the export of Ukrainian corn.   In Ukraine, export prices for corn increased by 150-200 UAH/t per week to 10,800-10,900 UAH/t or $217-219/t with delivery to Black Sea...

Last week, prices for wheat, especially spring and durum, rose sharply on US stock exchanges. The reason was a lack of rainfall in winter wheat growing regions and a deterioration in the condition of crops, as well as the continuation of the war with Iran.   Markets are still waiting for a peace deal between the US and Iran, although the second round of talks, which will take place today, will be held under the pressure of escalation in the Strait of Hormuz, which remains closed....

The war with Iran and the blockade of the Strait of Hormuz have halted nearly a third of seaborne fertilizer shipments, prompting most importers to look for alternative sources of supply to supply their agricultural sectors. At the same time, some major fertilizer producers have restricted exports, further driving up market prices.   Fertiglobe notes reduced purchases in Africa and Australia. Brazil has been vulnerable to fertilizer shortages. Urea exports from the Persian Gulf...

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, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 250Mustard seeds35000Peas1150011117Rye7500Coriander32000Corn1066490018600 ↓ 318214210267Soybean hulls granulated150Soybean meal1900035018000Sunflower seeds29500Corn...