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The Algerian state agency OAIS held its second wheat procurement tender this week, purchasing 690,000 tons of milling wheat of any origin at an average price of $272/ton C&F, which is $19/ton lower than in the tender two weeks ago, but $11/ton higher than in the auctions at the end of February (before the war with Iran), Reuters reports.   Applications for participation in the tender were accepted until March 26, and the bid prices were significantly lower than in previous...

USDA FAS experts predict that in the 2026/27 MY, Brazil will again set a record for soybean production (for the third year in a row) and exports.   The soybean harvest in the 2026/27 MY is expected to increase by 3.3% compared to the current season from 178 to 184 million tons, as the sowing area will increase by 2.8% to 50.5 million hectares, and the yield will increase by 1% to 3.64 t/ha, which will exceed the 5-year average yield by 6%.   In addition to the increase in...

Egyptian farmers will begin harvesting from mid-April, with some provinces starting earlier due to high temperatures that have accelerated ripening. In most regions, the harvest takes place in May and June, but in some areas it will continue until August.   To increase wheat production, ensure the availability of bread and national food security, the Egyptian authorities have developed unprecedented financial incentives and support measures, including the introduction of...

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 offals6000 ↓ 250Mustard seeds35000Peas1150011117Coriander32000Corn10449 ↑ 489218600 ↓ 103214214260 ↑ 10Soybean hulls granulated150Soybean meal19000350Sunflower oil cake195Sunflower...

The war with Iran has sent oil prices soaring by 50% in a month, which should have supported the prices of "energy" crops used to make biofuels. However, May corn futures in Chicago have risen only 5.3% to $184/t, in line with last year's level.   The sharp increase in the cost of fuel at gas stations in the US has reduced its consumption, which in turn reduces the demand for ethanol, which is added to fuel at a rate of 15%.   According to the EIA, US ethanol...

According to estimates by the American Chamber of Commerce in Ukraine (ACC), Ukrainian farmers lost about $200 million as a result of the introduction of duties on soybean and rapeseed exports, Latifundist reports.   Farmers lost almost $130 million from the decline in domestic prices alone, as they sold their products 7% cheaper than on world markets. Small and medium-sized farms were particularly affected, as they could not export their products independently and were forced...

Winter crop growth is gradually recovering across Europe. Weather conditions are conducive to this, as most regions experienced moderate temperatures and sufficient soil moisture in February, according to experts from the European MARS agency.   In the southwest and some eastern regions of Europe, excessive rainfall in February led to local flooding and excess moisture, but this has so far had little impact on agricultural crops.   In northeastern Europe, moisture deficits...

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 offals6000 ↓ 250Mustard seeds35000Peas1150011117200Coriander32000Corn10431 ↑ 189218600 ↓ 103214214250Soybean hulls granulated150Soybean meal350Sunflower oil...