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The forecast of the Ministry of Agrarian Policy of Ukraine for the production of grain and oilseed crops in 2025 is much more pessimistic than the USDA estimates
05.06.2025
The Minister of Agrarian Policy and Food of Ukraine, V. Koval, has published a forecast for the production of grain and oilseed crops in 2025, according to which the harvest of grain crops will decrease by 10% compared to last year from 56.7 to 51 million tons, and oilseed crops - by 5% from 21.18 to 20.16 million tons due to a reduction in rapeseed production by 600 thousand tons. "We are facing a difficult season. An abnormally warm winter, a lack of moisture in the spring,...
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India sharply increased imports of vegetable oils in May, but mostly cheap palm oil, so world prices did not receive support
05.06.2025
According to SEA, as of May 1, vegetable oil stocks in India decreased to the lowest level since July 2020 at 1.35 million tons due to a reduction in imports in the January-April period amid a sharp increase in palm oil prices. In May, the country increased imports of vegetable edible oils by 37% compared to April to a 6-month high of 1.18 million tonnes, in particular sunflower oil – by 2% to 184 thousand tonnes, soybean oil – by 10% to a 5-month high of 398 thousand...
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Jordan purchased another batch of barley at a low price, which continues to put pressure on the prices of the new crop in Ukraine
05.06.2025
According to market operators, the Jordanian state agency MIT purchased about 50 thousand tons (out of the planned 120 thousand tons) of feed barley from Al Dahra in an international tender on June 4, for delivery on September 1-15, 2025, at a price of $229.25/ton C&F, which is slightly lower than the price of the previous week's tender, where 50 thousand tons (out of the planned 120 thousand tons) of feed barley were also purchased. The bid prices at the tender remained at...
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Purchase prices for grains in Ukraine on June 4, 2025
04.06.2025
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF The sharp drop in corn quotes in Paris by almost 6 percent in one day confirms the low demand for corn in Europe and increases pressure on corn prices in Ukraine, which fell to $225/t with delivery to the port (provided delivery by June 10-15). Processors have sharply reduced soybean prices, as they are experiencing...
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Corn prices in Ukraine are falling due to lack of export demand, and June quotes in Paris fell by 4.8% in one day
04.06.2025
There is practically no demand for expensive Ukrainian corn on the world market, so traders have stopped purchasing new batches, and only a few companies are purchasing the volumes necessary to fulfill contracts, while prices continue to actively decline. Export demand prices for corn fell to $225–227/t or UAH 10,400–10,600/t with delivery to the port, but subject to prompt delivery by June 10–15. It is worth noting that prices for the new corn crop...
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Sunflower prices in Ukraine continue to decline
04.06.2025
Improving weather conditions for sowing spring crops in Ukraine and the Russian Federation, as well as the need to re-sow part of winter crops damaged by frost and drought, increases forecasts of sunflower sowing areas, which increases pressure on prices of new and old harvest sunflower. As of May 30, 4.73 million hectares (4.9 million hectares last year) or 93% of the plan were sown with sunflower in Ukraine, and the total sowing area may reach 5.2-5.5 million...
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Soybean prices in Ukraine fall as global market becomes saturated with South American soybeans
04.06.2025
The completion of record soybean harvests of 170 million tons in Brazil (155 million tons last year) and 49 (49) million tons in Argentina sharply increased the supply of soybeans, soybean oil and meal on the world market, which collapsed prices in China and Ukraine. In China, amid increased supplies from Brazil, soybean meal prices fell by 14% in May. In Ukraine, during the week, processors, amid a decline in export demand for meal, reduced prices for GMO soybeans by 500-700 UAH/t...
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Egyptian company Mostakbal Misr purchased 180 thousand tons of French wheat
04.06.2025
Mostakbal Misr Agency in April agreed with two leading European traders to purchase 180,000 tons of French wheat, Reuters reported, citing its own sources. The previously unreported deal coincided with a visit to Egypt by French President Macron, but the agency was unable to establish a direct link between the events. Recall that the Mostakbal Misr company began holding international tenders for the purchase of grain and vegetable oils for Egypt at the end of 2024,...