News

A 21% increase in oil prices in a month due to the war with Iran is supporting rapeseed and canola quotes, but falling demand from the EU and increasing supply from Australia are holding back prices, including in Ukraine.   Recall that the forecast for the rapeseed harvest in Australia has been raised again from 7.2 to 7.7 million tons (USDA estimated it at 6.7 million tons in November), which will exceed the 2024/25 MY figure by 26% (6.1 million tons), so a buyer will need to be...

India in February reduced imports of vegetable oils by 1.4% compared to January to 1.29 million tons, sharply reducing purchases of sunflower oil, which was partially offset by an increase in supplies of cheap palm oil by 10.1% to a 6-month high of 844 thousand tons. Recall that in January, imports of vegetable oils decreased by 3.5%, but purchases of palm oil increased significantly.   While soybean oil imports fell to a 19-month low in January, they increased by 8.7% in February to...

According to European traders, the Jordanian state grain procurement agency MIT purchased 50,000 tons of feed barley (out of the planned 120,000 tons) from Bunge in an international tender on March 4 for delivery in the second half of June 2026 at a price of $260.5/ton C&F.   Barley was also offered in the tender by CHS at $265.98/t C&F and Cargill at $264.95/t C&F.   We will remind that the Ministry of Industry and Trade of Jordan purchased 50 thousand tons of...

Over the 4 years and 8 months of the functioning of the land market in Ukraine, at the beginning of March, the number of agricultural land sold crossed the symbolic mark of 1 million hectares, the State Service for Geodesy, Cartography and Cadastre reported. Since July 2021, when the sale of land was allowed in Ukraine, the average price per hectare has increased in hryvnia equivalent by 96%, and at the beginning of 2026 was 64,600 UAH/ha or $1,501/ha.   Fears that the opening...

The European Crop Monitoring Centre MARS reported on Monday that conditions for winter crops in Europe remained generally satisfactory, although severe and prolonged frosts in some areas in the north and east could locally damage crops covered with a small layer of snow. Winter wheat has hardened quite well, but rapeseed and barley could be affected.   Heavy rains in western France, southern Europe and the western Mediterranean are replenishing soil moisture reserves but leading to...

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 offals6000 ↓ 250Mustard seeds35000Peas11300200Coriander32000Corn10309 ↑ 487538600 ↓ 66212220210239Soybean hulls granulated150Flax30000Soybean meal18700 ↑...

Competition between soybean processors and exporters in Ukraine is intensifying, so prices continue to rise, supported by rising stock market quotes.   During the week, export demand prices for GMO soybeans in Ukrainian ports increased by $5/t to $440-445/t or UAH 19,400-19,800/t, and for non-GMO soybeans - by $5/t to $455-460/t or UAH 20,000-20,500/t.   Farmers continue to refuse export contracts in favor of sales for hryvnia due to the complexity of export registration...

For 4 consecutive days, the US and Israel have continued joint strikes on Iran, destroying both the military potential and the leadership of the Iranian regime. It has already become clear that the Iranian military will not be able to close the Strait of Hormuz, although they are trying to attack individual ships. Therefore, yesterday, President Trump ordered the US Development Finance Corporation to provide risk insurance and guarantees for ALL maritime trade passing through the Persian Gulf,...