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The cost of war risk insurance for ships heading to the Black Sea has almost doubled after an attack by unidentified drones on Greek oil tankers heading to a terminal in the Russian Federation to load crude oil, Reuters reports, citing its own sources.   Recent incidents have raised the risk assessment for vessels heading to both Ukrainian and Russian terminals.   Following a series of attacks on tankers linked to the Russian Federation, the cost of military risk insurance...

Weighted average purchase prices for grains and oilseeds in Ukraine on CPT (terminals), EXW (elevators), CPT (processors), FCA, CPT (USD), FOB, DAF, CIF terms         Purchase Prices in Ukraine   CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat...

According to European traders, the South Korean Feed Manufacturers Association (KFA) purchased about 60,000 tons of soybean meal produced in the USA, China, or South American countries from COFCO at an international tender on January 13 at a price of $371.71/ton C&F (including a surcharge for additional unloading at the port). The contracted meal must be delivered to the buyer by May 30, 2026. If the meal is shipped from South American countries, it must arrive in South Korea between...

The Ukrainian nitrogen fertilizer market risks entering the spring sowing campaign with a deficit, said Andriy Khalyavka, CEO of GROSSDORF, in a comment to Latifundist.com.   According to him, it is not about a shortage in individual companies, but about a general lack of sufficient physical resources in the country. "If we talk about product risks, first of all, there will be a shortage of CAS, then ammonium nitrate, urea, and then ammonium sulfate. This is not an...

Since December 20, the Russian occupiers have struck at least four Ukrainian oil extraction plants and transshipment terminals (of the companies Allseeds, Kernel, Bunge, Delta Wilmar), and are also constantly targeting port terminals and ships awaiting loading in order to block the operation of Ukrainian plants and export facilities.   In recent weeks, the Russian Federation has intensified attacks on the infrastructure of Kyiv and other cities in order to leave people without...

According to the Malaysian Palm Oil Board (MPOB), palm oil inventories in Malaysia have been growing for 10 consecutive months, and in December increased by another 7.58% to a 7-year high of 3.05 million tonnes (in November +13%, October +4.2%, September +7.2%, August +4.2%, July +4%, June +4%), as production volumes exceed export demand.   However, palm oil quotes do not respond to the increase in inventories and remain stable for two months.   Palm oil production in...

Weighted average purchase prices for grains and oilseeds in Ukraine on CPT (terminals), EXW (elevators), CPT (processors), FCA, CPT (USD), FOB, DAF, CIF terms   USDA unexpectedly raised its corn crop forecast significantly for the U.S. and China, which led to a sharp 6% drop in Chicago quotations and once again reminded the market that global corn production in the 2025/26 MY will exceed last season’s level by 66 million tonnes! The forecast for global wheat production...

On Monday, January 12, the Russian Federation again attacked civilian vessels in Ukrainian ports, said Deputy Prime Minister for the Reconstruction of Ukraine - Minister of Community and Territorial Development of Ukraine Oleksiy Kuleba. According to him, a Russian UAV hit a Panamanian-flagged tanker that was waiting to enter the port to load vegetable oil. One crew member was injured and is currently receiving necessary assistance. Maritime rescue services are working at the scene and...