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India increased vegetable oil imports by 2.6% to 1.3 million tonnes in May, boosted by increased soybean oil supplies. However, experts say lower-than-usual palm oil imports could lead to increased inventories in key producing countries Indonesia and Malaysia, putting pressure on its prices.   After palm oil prices lost their advantage over other oils, Indian processors increased their purchases of soybean oil from South America in May.   Soybean oil imports increased by...

Global grain production in the 2025/26 season, which is almost complete, increased by 6.1% compared to the previous season to 3.043 billion tons, primarily due to a sharp increase in the production of corn and other grain crops.   According to the FAO forecast, global grain consumption in 2025/26 MY will increase by 2.7% compared to the previous season to 2.952 billion tonnes, driven by strong consumption of rice and maize. Despite the increase in consumption, global ending grain...

On June 3, the Ministry of Industry and Trade of Jordan held a tender for the purchase of 120,000 tons of feed barley of any origin, at which it purchased 50,000 tons of barley from Bunge with shipment on August 1-15 at a price of $255.75/ton C&F, Reuters reports.   Barley was also offered at the tender by Cargill (at a price of $257.95/t), Dreyfus ($263.0/t), Olam ($259.45/t), Ameropa ($261.09/t), Cofco ($259.51/t), Buildcom ($258.5/t), Solaris ($260.55/t), Agrocorp...

According to European traders, the Tunisian Grain Agency (ODC) purchased 75,000 tons of common wheat of any origin from Bunge at a tender on June 4 at a price of $268.16/ton C&F. Under the terms of the tender, the wheat will be shipped in three batches of 25,000 tons each between July 1 and August 15, 2026.   Bunge offered 25,000 tons of wheat at a price of $267.59/ton or 75,000 tons at a price of $268.16/ton in the tender.   Recall that at the tender on March 6, ODC...

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, $ DAF, $ CIF, $ Wheat mill offals6100 ↓ 250Mustard seeds35000Peas11300Coriander32000Corn11160 ↓ 8097179500 ↑ 10224 ↑ 1215Lupine13000Chickpea24000Sunflower oil13001150Wheat grade II11026 ↓ 379410221 ↑ 1Wheat grade...

The Ministry of Economy is changing the procedure for agricultural producers to confirm their right to duty-free export of soybeans and rapeseed through the State Agrarian Register (DAR).   The new mechanism will eliminate unnecessary bureaucratic procedures and simplify the verification process for farmers. In particular, they will no longer have to obtain opinions from the Chamber of Commerce and Industry for duty-free exports of their own products.   To obtain the...

Good productive rainfall occurred in late May and early June in almost all regions of the United States, Canada, Europe, and Australia. Stock market quotes for grain and oilseed crops lost speculative support and began to decline.   Drought-stricken Midwest regions have seen showers and thunderstorms this week, improving the health of corn and soybean crops. In some states, such as Missouri, rainfall was excessive, leading to flooding in fields.   July soybean futures on...

Heavy and prolonged rains in China's main wheat-growing areas during the harvest season have damaged the quality of the crop, which could lead to increased imports in the near future. Experts estimate that 4.8-10 million tons of wheat sprouted due to excessive moisture, making it unsuitable for processing into flour.   Despite the deterioration in quality, the winter wheat harvest will be quite high, as the volumes of low-quality grain in the main agricultural regions will be...