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European Commission experts have increased the forecast for the EU wheat harvest in the 2025/2026 MY from 133.4 to 134.2 million tons, and corn from 56.8 to 57.6 million tons, while the forecast for barley production has been reduced from 55.9 to 55.6 million tons. The total production of all grain crops is estimated at 286.9 million tons. Recall that in the 2024/25 MY, the European Union countries harvested 253.9 million tons of grain, including 110.9 million tons of wheat, 48.7 million...

The cost of transporting crude oil across the Black Sea rose on Monday after Ukrainian military drones hit two tankers heading to a Russian port, as insurers fear further attacks, Reuters reported, citing industry sources.   Two empty tankers under Western sanctions were attacked by military drones as they headed to Novorossiysk, a major Russian oil terminal on the Black Sea. War risk insurance rates for a typical seven-day voyage, which are determined by individual insurers and...

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 offals 6300 ↓ 150 Mustard seeds 35000 Peas 11000 Rye 9000 Rye grade II 11000 Coriander 28500 ...

South African farmers are likely to harvest the country’s second-largest maize crop in history in 2025, thanks to heavy rainfall earlier in the year. According to the Crop Assessment Committee, commercial producers have threshed about 16.4 million tonnes of white and yellow maize — 0.7% more than forecast in October and significantly higher than last year’s harvest of 12.9 million tonnes, which was the lowest since 2019.   In the country, which is the largest...

Experts from the Australian Bureau of Agricultural Resources and Economics (ABARES) in a quarterly report released on December 2 raised production estimates for all winter crops due to better-than-forecast rainfall in major grain-growing areas.   Harvesting is underway in all states, with yields in northern New South Wales, Queensland and Western Australia well above the annual average.   Compared to September estimates, the forecast for winter grain production in...

As of November 27, 2025, Ukraine harvested 52.5 million tons of grain and leguminous crops (53.4 million tons last year) and 17 (19.7) million tons of oilseeds (including soybeans).   Late crops harvested: corn – 22.5 million tons (24.2 million tons last year), sunflower – 9 (10.2) million tons, soybeans – 4.7 (6) million tons.   From November 1 to 27, 4.7 million tons of agricultural products were exported (5.4 million tons last year), including: wheat -...

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 offals 6300 ↓ 150 Mustard seeds 35000 Peas 11000 Rye 9000 Rye grade II 11000 Coriander 28500 ...

Oil prices fell on Friday in anticipation of talks between Ukrainian and US delegations and a further visit by a US representative to Russia this week, as well as hopes for a suspension of the Russian war against Ukraine and increased supplies from Russia.   February Brent crude futures fell 0.6% to $62.4/barrel on Friday (+0.6% for the week and -3.8% for the month), but overall rose 2% for the week amid weekend events.   President Trump's decision to close Venezuelan...