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USDA lowers global wheat stock forecast, but prices remain under pressure
13.06.2025
The USDA's June report unexpectedly raised its global wheat consumption and export forecasts, leading to a lower estimate of ending stocks . Despite this, stock prices fell by 0.4-1.5% as demand remains weak and July data is likely to be revised down. Main changes in the forecast for 2024/25 MY: Indicator June 2024 May 2024 Difference Beginning stocks 268.96 million...
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Purchase prices for grains in Ukraine on June 12, 2025
12.06.2025
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF World corn prices continue to decline and fell to $235/t for delivery to Asian buyers in August, which continues to put pressure on prices in Ukraine. Here they are still at $222–225/t for delivery in June, but have already fallen below $196/t for the new crop. The abolition of duty-free trade with the EU will deal a serious blow to...
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Ukraine and EU seek compromise on agricultural export quotas - must decide by August
12.06.2025
Ukraine and the European Commission have agreed to find a new solution regarding the conditions for exporting Ukrainian agricultural products to the EU in June-July 2025. This was stated by First Deputy Minister of Agricultural Policy Taras Vysotsky during the Agro Ukraine Summit 2025. "There will be no negative effect on the agricultural sector in the next 2–3 months. But if there are no new agreements by August, the introduced quotas will begin to be exhausted...
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Oil prices surge on new wave of geopolitical tensions
12.06.2025
August Brent crude futures jumped 4.3% to $69.8 a barrel on Wednesday, hitting a 2.5-month high. The rise was driven by new risks surrounding the situation in Iran and expectations of tougher sanctions on Iranian and Russian oil. Tensions in the Middle East: The US is evacuating non-essential personnel from its embassies in Iraq, Bahrain and Kuwait. CENTCOM announced an increase in threats in the region. The possibility of a strike on Iran's nuclear...
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Ukrainian corn prices fall: global tenders signal further pressure on the market
12.06.2025
Corn prices in Ukraine remain under strong pressure and show a further decline. The current week brought another drop in export demand prices by $2–3/t — to $222–225/t (10,400–10,600 UAH/t) with delivery to the port by the end of June. Despite this, farmers are in no hurry to sell off the leftovers, hoping for a market recovery. Meanwhile, prices for new crop corn for delivery in October have already dropped to $195–196/t . The pick-up in Asian...
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Purchase prices for grains in Ukraine on June 11, 2025
11.06.2025
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Grain prices on world exchanges remain stable in anticipation of updated USDA balances this week. In Ukraine, prices for old harvest wheat and corn continue to decline to the level of new harvest prices. USDA experts are expected to increase wheat and corn stocks due to a slowdown in exports, which will slightly increase the pressure...
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Sharp reduction in exports of oilseeds and processed products from the Russian Federation
11.06.2025
Total export volumes from the Russian Federation for January–May 2025: Category Volume (million tons) Δ to 2024 (%) Oilseeds 1,071 -22% Vegetable oils 2.72 -19% Meals 1.65 -10% Oilseeds...
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Global vegetable oil prices under pressure: Malaysian palm oil stocks rise
11.06.2025
The main factors behind the price drop: Malaysia's palm oil stocks rose 6.65% to 1.99 million tonnes at the end of May, the highest level since September 2024. Palm oil production in Malaysia in May: +5.05% m/m (up to 1.77 million tonnes ). Exports for May: +25.6% (to 1.39 million tons ), but this was not enough to compensate for the increase in production. Prices and...