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In the January world oilseed balance for 2025/26 MY, FAS USDA experts again increased the forecast for world oilseed production by 2.89 million tons compared to December estimates to 693.15 million tons (684.34 million tons in 2024/25 MY and 657.4 million tons in 2023/24 MY), in particular soybean production in Brazil and the USA and sunflower in Argentina, which more than compensates for the decrease in rapeseed and peanut production.   The forecast for global soybean production has...

The United States Department of Agriculture (USDA) unexpectedly sharply raised corn crop forecasts for the United States and China in its January supply and demand report, leading to an increase in the estimate of world production and stocks in the updated balance for the 2025/26 MY and a collapse in corn quotes in Chicago.   March corn futures in Chicago fell 6.1% to $166/t after the report was released and are trading 4.5% lower than after the December report.   The...

In the January supply and demand balance, experts from the United States Department of Agriculture (USDA) again, as in the December report, increased forecasts for global wheat production, consumption, and ending stocks in the 2025/26 MY, which increases pressure on stock quotes, and closer to spring will also affect the physical market.   Compared to December estimates, the world wheat balance for the 2025/26 MY has undergone the following changes: The forecast for world wheat...

Weighted average purchase prices for grains and oilseeds in Ukraine on CPT terminal, 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...

Last week, the Midwest and Plains of the United States experienced warm weather with temperatures above freezing and precipitation in the form of rain and sleet, which improves moisture reserves in winter crops. According to forecasts, temperatures will begin to gradually decrease this week, and frosts of 10-15 degrees are expected next week, which will not be critical for winter crops.   The water level in the Mississippi River is low, which is hindering shipping and causing traffic...

According to market operators, the South Korean company Major Feedmill Group (MFG) purchased about 204 thousand tons of feed corn in an international tender on January 9, with delivery in the second half of April 2026.   This volume was contracted in three batches of 68 thousand tons each, in particular: two batches – from operator CHS at a price of $249.6/t C&F (+$1.5/t for additional unloading at the port) with delivery between April 15 and 30, one batch –...

According to the latest data from the Ministry of Economy, Environment and Agriculture, another 107.4 thousand hectares of corn were threshed in Ukraine during the week. In total, as of January 8, 28.661 million tons of corn were harvested from 4.001 million hectares or 91% of the projected area, with an average yield of 71.6 centners/hectare.   Thus, on the specified date, 58.815 million tons of grain and leguminous crops were threshed from 11.118 million hectares (95% of the...

In December, the average value of the FAO Food Price Index decreased compared to November by 0.6% to 124.3 points, which is 2.3% lower than the December 2024 figure and 22.4% lower than the peak value of March 2022. The annual average value of this index was 127.2 points, which is 4.3% higher than the 2024 figure.   The FAO Cereal Price Index rose 1.7% in December from November to 107.3 points. A possible disruption in supplies from the Black Sea region supported wheat prices, while...