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Despite lower oil prices and forecasts of reduced demand for biofuels in 2025, quotes for canola and canola rose sharply on Friday, recovering from the previous week's decline. Importers in the EU switched from buying canola from Ukraine to canola from Canada and Australia.   February rapeseed futures on the Paris MATIF rose 1.6% to €539.25/t or $568/t (+8.5% on the month) on Friday amid limited supply from European farmers.   November canola futures on the...

According to the Ministry of Agriculture, on November 14, 49.938 million tons of grain and leguminous crops were harvested in Ukraine from 10.643 million hectares or 96% of the area with an average yield of 4.8 tons/ha. Last year, on November 15, 53.78 million tons of grain and leguminous crops were threshed from 10.1 million hectares or 93% of the area with an average yield of 5.32 tons/ha.   Late crops are being harvested and are currently being threshed: corn - 22.348...

The world's largest producer of olive oil - the Spanish company Deoleo believes that the most difficult period for this market has already passed, and predicts a decrease in the coming months of the average price per liter of olive oil from the current 9-10 € to 5 €.   Over the past five years, olive oil prices have nearly tripled as plantations have suffered from drought and poor harvests, particularly in Spain, which accounts for 40% of global olive oil...

Dear farmers, please accept my sincere congratulations on the day of the agricultural worker!  Thanks to you, the Ukrainian table is always generous and rich.  Love to you, good health and peace. Timely rains, bountiful harvests, expected results and satisfaction with your work. Let mutual understanding and heartfelt warmth always reign in your families, and let a sincere family atmosphere reign in your teams. Let it be cozy everywhere-both in the soul, family, and in our...

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, $ FOB, $ DAF, $ CIF, $ Vetch 13000 Wheat mill offals 5100 160 Mustard seeds 25000 24875 Peas 13000 13000 ↓ 125 7150 935 Coriander 21500 ...

An increase in the amount of precipitation in South America accelerates the sowing of soybeans and corn, and in the United States it promotes the development of winter crops. In western Europe, especially in France, prolonged rains are delaying harvesting and planting, but improving prospects for the -2025 harvest.   The Midwest and US Plains received rain this week that improved crop conditions, and next week a new cyclone will bring even heavier rainfall to the region. Snow has...

According to the SEA Association, in 2023/24, India reduced vegetable oil imports compared to the previous season by 3.09% to 16 million tons due to increased domestic production and lower demand due to rising prices, Business Standard reports.   Thus, the import of crude palm oil decreased from 7.59 to 7 million tons, palm olein - from 2.11 to 1.93 million tons, soybean oil - from 3.51 to 3.44 million tons, while the import of sunflower oil increased from 3 to 3.51 million tons. At...

After the trade war that began during Trump's first term as US president, China began to reduce its dependence on American agricultural products to ensure its own food security.   Then Trump introduced an import tariff on Chinese goods worth $370 billion, and China in response imposed a 25% tariff on goods from the United States worth more than $100 billion, including soybeans, wheat, corn, sorghum, and pork.   The share of soybeans from the United States (the...