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Speaking at the Global Grain Forum in Istanbul, the Director General of the Turkish Grain Council (TCO), Ahmet Guldal, said that in 2026, Turkey could harvest one of the largest grain harvests in recent years.   Wheat production is forecast to reach 22.75 million tons and barley production is forecast to reach almost 9 million tons, but the actual harvest may exceed forecasts due to favorable weather conditions.   As of June 25, Turkish farmers had harvested wheat on 14%...

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 offals5500 ↓ 400Mustard seeds35000Peas11300Coriander32000Corn1066091519300 ↑ 127211215Flax640Chickpea24000Rape-seed oil1000Sunflower oil12601117Wheat grade II104889240210Wheat grade...

As we predicted, the low supply of sunflower in Ukraine at the end of the season led to the shutdown of some plants, while those enterprises that have the ability to process rapeseed are beginning preparations for its acceptance, which reduces demand for sunflower and, accordingly, affects prices.   During the week, purchase prices for sunflower in Ukraine sharply decreased by 500-1000 UAH/t to 32,000-33,000 UAH/t (oil content 50%) with delivery to the factory.   Export...

The fall in oil prices to the lowest level since the start of the war against Iran, at $72/barrel, and the reduction in demand for edible oils from India are increasing pressure on vegetable oil prices.   In June 2026, India reduced imports of vegetable oils by 16.6% compared to May to 1.1 million tons, in particular soybean oil by 23% to 381 thousand tons, sunflower oil by 17.5% to 244 thousand tons, and palm oil by 10.5% to a 14-month low of 492 thousand tons.   The...

Over the past two days, Iran has attacked three commercial vessels in the Strait of Hormuz that were traveling a “non-coordinated” route with the IRGC.   This came after the expiration of a week-long agreement between the US and Iran to stop attacks in the Strait of Hormuz, which allowed Iran to bury Ali Khamenei and the US to celebrate Independence Day.   The IRGC military attacked a Qatari gas tanker and a Saudi oil tanker near the coast of Oman as they...

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 offals5500 ↓ 400Mustard seeds35000Peas11300Coriander32000Corn1066091519300 ↑ 127211215Flax640Chickpea24000Rape-seed oil10001000Sunflower oil12601117Wheat grade II104889240210Wheat grade...

On news of China's purchase of 5 lots (about 300 thousand tons) of American soybeans, soybean futures on the SWOT exchange in Chicago rose by 3.7% yesterday, returning to the level of early June.   This season, speculators are actively using the topic of soybean supplies from the US to China to raise prices, although there were no real purchases even after Trump's visit to China, where he allegedly agreed to increase sales.   November soybean futures on the Chicago...

Last week's heat accelerated the ripening and harvesting of wheat in Ukraine, which increased supply and, against the backdrop of a better-than-expected harvest in the south, increased pressure on prices.   During the week in Ukraine, export purchase prices for food wheat decreased by another 200-300 UAH/t to 10,400-10,500 UAH/t or 206-210 $/t, and for feed wheat - by 300-400 UAH/t to 9,600-9,900 UAH/t or 190-195 $/t with delivery to Black Sea ports.   The...