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The European Union and Indonesia, within the framework of the concluded trade agreements, have agreed on palm oil supplies with a customs rate of 0%, reports the Jakarta Globe.   The parties recently concluded a political Comprehensive Economic Partnership Agreement (CEP), but the EU was forced to restrict palm oil imports in accordance with the requirements of the EU Deforestation Regulation (EUDR), which comes into force at the end of the year for medium and large...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Heavy rains continue on the right-bank part of Ukraine, which have stopped harvesting and may lead to a decrease in the rapeseed harvest and a deterioration in the quality of wheat.   Export prices for wheat decreased by 300-400 UAH/t to the levels of 10,600-10,700 UAH/t with delivery to the port, as traders have already purchased the volumes...

Heavy rainfall that has blanketed western and central regions of Ukraine since the weekend has halted the rapeseed harvest and heightened concerns about a possible loss of part of the crop, leading to a new wave of price increases.   The bill on the introduction of 10% export duties on rapeseed and soybeans has not yet been signed by the President, so traders hope that it will not come into force on August 1, so they have intensified the purchase of rapeseed for...

Soybean prices remain under pressure from improved crop conditions in the US and increasing supplies from Brazil and Argentina.   Argentine President Milley announced a reduction in export duties on some types of agricultural products in order to stimulate the agricultural sector (which he promised during the 2023 election campaign and has already reduced duties, which then increased again).   In particular, it is planned to reduce duties: for soybeans – from...

The European Commission has lowered its forecast for grain production in the European Union in the 2025/2026 marketing year from 282.9 million tons to 278.4 million tons, which will still be 9% higher than the previous season (255.2 million tons).   Thus, the forecast for the soft wheat harvest was reduced from 128.2 million tons to 127.3 million tons, for corn - from 64.6 million tons to 60.1 million tons, while the forecast for the barley harvest was increased to 53.6 million...

Last week, traders were able to purchase wheat shipments needed for July exports, so they slightly lowered their purchase prices, which were sometimes higher than their selling prices. But heavy rainfall in the west is delaying the harvest and reducing the quality of wheat, which has stopped the price decline. World wheat quotes fell slightly for the week due to low demand even for cheap American wheat.   Purchase prices for Ukrainian food wheat, after a speculative jump to the level...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 6000 ↓ 375 Mustard seeds 27000 25000 Peas13750 13150 270 250 Rye 10000 Green peas 20000 Coriander ...

The Malaysian Palm Oil Board (MPOB) forecasts that the country’s palm oil production will increase from 19.3 million tonnes in 2024 to 19.5 million tonnes in 2025, driven by an increase in labor supply. In addition, the country, which is the world’s second-largest palm oil producer, will increase its imports to 17 million tonnes in 2025.   Recall that Malaysia previously raised the base price for crude palm oil for August to $910.81/t, and the export duty to...