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The Ukrainian government has not yet resolved the situation with agricultural producers paying a 10% duty on soybean and rapeseed exports, and customs have begun collecting duties from all exporters. Therefore, those exporters who have already delivered the cargo to the port have paid the duty, while others have suspended the execution of currency contracts until the situation is resolved.   The temporary halt to rapeseed exports last week sharply increased supply on the domestic...

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 ↓ 250 Mustard seeds 33000 30000 Peas13438 12967 Buckwheat 15750 Rye 10000 Rye grade II ...

In the September world oilseed balance for 2025/26 MY, FAS USDA experts increased the forecast for world oilseed production compared to August estimates by 1.44 million tons to 691.55 million tons, which will still exceed the previous season's figure of 682.07 million tons by 9.48 million tons (657.45 million tons in 2023/24 MY).   The forecast for global rapeseed production has been increased by 1.4 million tons due to increased production in Canada, Australia, Kazakhstan, the...

The USDA's September report again came as a surprise to the US corn market due to another increase in the US crop forecast, although analysts expected it to be reduced due to the low yield observed during the crop tours.   The US Department of Agriculture (USDA) in a report lowered the forecasted US corn yield from 188.8 to 186.7 bushels/acre (11.71 t/ha), but increased the forecasted area to harvest by 1.3 million acres to 90 (82.9 in 2024) million acres (compared to...

In the September supply and demand report, USDA experts sharply increased their forecasts for global wheat production, consumption, and ending stocks for the 2025/26 MY, which will continue to pressure prices in the near term.   Despite the improvement in the global balance, December wheat futures even rose slightly after the report was released: by 0.5% to $192.4/t - for SRW wheat in Chicago (+3.7% since the release of the August report); by 0.9% to $189.1/t – for HRW...

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 ↓ 250 Mustard seeds 33000 30000 Peas13438 13050 Buckwheat 15750 Rye 10000 Rye grade II ...

Export prices for corn in Ukraine remain at the level of 9250-9350 UAH/t or 197-203 $/t with delivery to Black Sea ports, and no significant correction is expected in the coming months, given the approaching harvest of a record harvest in the USA and low world prices.   The Brazilian agency CONAB has increased its forecast for corn production in Brazil in the 2024/25 MY by 2.67 million tons to 139.67 million tons, significantly exceeding the USDA's August estimate of 132 million...

The Ukrainian government is offering farmers a 10% duty on soybean and rapeseed exports, and later promises to prepare a new bill and refund the duties paid. But most producers are stopping the export of these goods while waiting for the legislation to be settled. Traders are suffering the most from this situation, as they are forced to pay for the downtime of ships that are scheduled to load about 500,000 tons of soybean and rapeseed.   Business associations are calling on the...