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Bulgarian farmers plan to harvest over 7 million tons of wheat this year
28.07.2025
According to forecasts by the Bulgarian Ministry of Agriculture, based on observations conducted by the agency's experts in six regions of the country in June, local farmers will be able to harvest 6.6-7.1 million tons of wheat this year, bourgas.ru reports. However, agricultural producers are concerned about low grain prices. For comparison, last year, as of early August, 6.4 million tons of wheat had been harvested, which was 4% more than the previous year. The forecast for...
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Harvesting in Ukraine is half as slow as last year, and precipitation is delaying it even further
28.07.2025
Last week, Ukrainian farmers were able to increase the pace of grain harvesting, but precipitation in the west and center of the country over the weekend and at the beginning of this week again delayed the harvest. According to the latest data from the Ministry of Economy, as of July 24, 2025, 10.347 million tons of early grain and leguminous crops were threshed from 3.236 million hectares (29% of the planned area) in Ukraine with an average yield of 3.2 t/ha, while as of July 25,...
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Purchase prices for grains in Ukraine on July 25, 2025
25.07.2025
Wheat prices in Ukraine are slightly decreasing after a sharp increase, but the rise in Black Sea wheat has already affected world prices, and Tunisia bought wheat at $10/t more expensive than at the beginning of the month. Favorable precipitation in the US, EU and right-bank Ukraine continues to improve the condition of soybean and corn crops, but will delay the harvesting of the early group. Against this background, corn and soybean prices are decreasing. South Korea...
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Rainfall in the US, Canada, Europe and western Ukraine will support the development of late crops, but will delay the harvest of the early group
25.07.2025
Favorable weather conditions persist in the US “corn belt” with good periodic rainfall, which continues to improve crop prospects for spring wheat, corn and soybeans. Next week, rising temperatures and occasional showers are forecast for the Midwest and Plains of the US, which will continue to pressure prices for the new crop. The Canadian Prairies have seen intermittent rainfall this week, improving the condition of canola and spring wheat crops, but parts...
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Trade wars have led to the highest number of US farm bankruptcies since 2020
25.07.2025
Several years of low grain prices and rising production costs, including high interest rates, have led to a crisis among small U.S. farmers, exacerbated by trade wars and a sharp decline in demand from China. In the first half of the year, bankruptcies among small farmers and fishermen reached their highest level since 2020. According to the US Bureau of Labor Statistics, farm debt will reach a record $561.8 billion this year. According to Bloomberg, producers of...
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In tenders in South Korea, corn purchase prices again turned out to be quite low
25.07.2025
According to Reuters, two South Korean companies held tenders for the purchase of feed corn on July 23. Major Feedmill Group (MFG) has purchased 140,000 tonnes of corn (two lots of 65-70,000 tonnes) from CHS in an international tender. The first lot was purchased for delivery by November 5 at a price of $234.83/t C&F plus a surcharge of $1.5/t for unloading at another port, and the second lot was purchased for delivery by November 15 at a price of $235.22/t C&F plus a...
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New wheat tender in Tunisia shows importers willing to pay high price amid rising Black Sea wheat prices
25.07.2025
On July 23, the Tunisian State Procurement Operator (ODC) purchased 100,000 tons of common wheat of any origin in a tender for delivery from August 10 to September 25, 2025, at an average price of $262.86/ton C&F, which is $10.6/ton higher than the purchase price of the previous tender of July 9 (also for delivery in August). In particular, the following was purchased: 2 batches of 25 thousand tons from Bunge at prices of $261.49 and $262.98/ton C&F, 2 batches of 25...
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Purchase prices for grains in Ukraine on July 24, 2025
24.07.2025
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 Peas13713 13150 270 250 Buckwheat 14500 12000 Rye 10000 Green...