News

  In the September supply and demand report, USDA experts significantly raised crop forecasts in Australia and Canada, which will increase global production and lead to an increase in ending stocks, increasing pressure on quotes.   USDA experts have lowered wheat export forecasts from the Russian Federation and Ukraine by 3 and 1 million tons respectively, which corresponds to the loss of export potential from these countries in just the first two months of the season....

Grain and oilseed procurement prices in Ukraine remain largely stable, although moderate strengthening in demand is being observed across some delivery bases. Barley prices have edged higher, while some procurement offers for corn and soybeans have also strengthened, with wheat, sunflower seeds and rapeseed remaining relatively stable.   As of September 11, 2026, Grade 2 wheat is being purchased at UAH 8,700/t, corn at UAH 7,500/t, barley at UAH 6,500/t, sunflower seeds at UAH...

This week, the Midwest and Plains have been experiencing hot weather with occasional showers that have caused flooding in some areas. Another heat wave and several fronts are forecast to move in over the next 5-7 days, bringing additional precipitation that will delay corn and soybean harvests and winter plantings. Unfortunately, this precipitation will not help improve late-season crop conditions, especially in the Southeast, which has remained drier, resulting in earlier-ripening crops and...

The growth of oil prices accelerated amid restrictions on the passage of ships through the Strait of Hormuz, where US and Iranian strikes resumed, and the successful attack by the Yemeni Houthis on government troops and the capture of all territory along the Bab el-Mandeb Strait, which will allow pro-Iranian groups to block the movement of oil and gas along this route as well.   November Brent crude futures rose by 10% in two days to $108/barrel (+12.5% per week, +25% per...

The State Grain Agency of Turkey (TMO) contracted 12,000 tons of crude sunflower oil in an international tender on September 10, with delivery from September 21 to October 16, 2026.   A batch of about 3 thousand tons was purchased from Pamyag at an estimated price of $1,408.5/ton C&F, another 9 thousand tons from Aves at $1,399/ton C&F.

As a result of the Russian attack on September 10, the Oleyna oil extraction plant in Dnipro was damaged, according to the press service of Bunge, which owns the enterprise and has been operating in Ukraine since 2002.   There were no injuries among the plant's employees, but the company has suspended operations. "We will continue to monitor the situation and assess its further development," Bunge said.   The State Emergency Service and the OVA reported that...

Procurement prices for major grain and oilseed crops in Ukraine remain largely stable, although moderate gains are being observed across some delivery bases. Corn, sunflower and soybean prices have edged higher under certain delivery terms, while the main price levels for wheat and rapeseed remain largely unchanged. As of September 10, 2026, Grade 2 wheat is being purchased at UAH 8,700/t, corn at UAH 7,500/t, barley at UAH 6,420/t, sunflower seeds at UAH 19,100/t, soybeans at UAH 16,833/t,...

The blocking of oil and meal exports from Ukraine's Black Sea ports continues to put pressure on oilseed prices, which, although processed mainly within Ukraine, are dependent on exports.   Logistical problems with rail and road deliveries across the western borders are intensifying amid an increase in the supply of rapeseed, soybeans, and corn to the EU, so transportation prices increased by 15-20% in August, and may increase by another 10-20% in September and...