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China's Agricultural Forecasting Committee (CAOC) left its vegetable oil production and consumption forecasts unchanged in its July CASDE report. Experts expect vegetable oil production to be 31.41 million tons (including soybean oil at 17.17 million tons and rapeseed oil at 7.77 million tons), and consumption to be 37.89 million tons.   CAOC considers the internal market balance to be stable due to significant reserves and forecasts of a significant global supply of oilseeds in...

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, $ DAF, $ CIF, $ Wheat mill offals5500Mustard seeds35000Peas11625Coriander32000Corn1050090099300 ↑ 157213215Flax625Rape-seed oil1000Sunflower oil12601117Wheat, grade I10000Wheat grade II104769235210Wheat grade...

After receiving positive safety conclusions, the European Commission's Department for Health and Food Safety (DG Health and Food Safety) has authorized the use of three genetically modified crops in animal feed and food in the EU.   The use of one variety of GM corn was approved, and permits for the use of another variety of GM corn and one variety of GM soybean were extended.   The specified permits will be valid for 10 years and will apply exclusively to the import...

According to APK-Inform, from September to June of the 2025/26 season, Ukraine reduced its exports of sunflower meal compared to the corresponding period of the previous season by 6% to 2.77 million tons, which was the lowest figure for this period in the last 15 years.   The reason for the reduction in exports was the low sunflower harvest and low processing margins in the current season, as well as the forced reorientation of the sales market from Europe to Asian...

Amidst the intensification of Russian attacks on port terminals and civilian ships in the Black Sea, international traders were forced to suspend grain acceptance, which caused a collapse in purchase prices in Ukraine and caused panic on the Paris stock exchange, where quotes rose by 2.2-6.9% yesterday.   Over the past week, the Russian Federation has stepped up attacks on Ukraine’s port infrastructure and damaged terminals in response to the Ukrainian Armed Forces’...

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, $ DAF, $ CIF, $ Wheat mill offals5500Mustard seeds35000Peas11250Coriander32000Corn10500 ↓ 7590099300 ↑ 157213215Flax625Rape-seed oil1000Sunflower oil12601117Wheat, grade I10000Wheat grade II104769235210Wheat grade...

The oil market continues to see sharp price spikes, but vegetable oil markets have barely reacted to the 15% increase in oil prices in a week, as global oilseed balances have improved and supply continues to grow.   September Brent crude futures rose 15% to $85/barrel in 7 days (+18% in two weeks) amid the cancellation of the ceasefire between Iran and the US and the resumption of war in the Middle East with Iran's shelling of ships in the Strait of Hormuz and neighboring...

According to Bloomberg, the Chinese authorities plan to allow their private processors to import Australian rapeseed in order to normalize trade relations with Australia, which have remained quite tense for several years.   This week, several businesses will be able to apply for import permits under a pilot program that will be a preparatory stage before the signing of an intergovernmental agreement to resume trade.   Recall that in 2020, China banned the import of canola...