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The borscht index in Ukraine grew by 19% in a month
19.05.2025
The borscht index in Ukraine grew by 52% over the year, in particular by 19% over the last month, reaching UAH 222 against the backdrop of a sharp increase in vegetable prices caused by adverse weather. According to the updated product monitoring of the Ukrainian Agricultural and Food Agency, in May 2025, prices for pork, onions, cabbage, carrots, and beets in Ukraine increased significantly, while prices for eggs and some greenhouse vegetables (tomatoes and cucumbers), on the...
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Ukrzaliznytsia sharply reduced the fee for the use of grain trucks for 1.5 months
19.05.2025
Strong competition between carriers and a reduction in exports in the current season forced Ukrzaliznytsia to significantly reduce transportation tariffs in order to increase the volume of rail transportation compared to road transportation, reports Rail.insider, citing information from the CTL branch. Thus, the rate for the use of a grain wagon when transporting grain cargo in freight and empty trips across the territory of Ukraine and beyond its borders on a 1520 mm gauge for the...
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Sunflower and corn sowing rates in Ukraine are slightly lower than last year's
19.05.2025
According to the Ministry of Agrarian Policy, as of May 16, 4.95 million hectares or 87% of the planned 5.7 million hectares had been sown with spring grain and legume crops in Ukraine, but falling temperatures and heavy rainfall in the last week delayed the sowing of corn and sunflower. In particular, on the specified date the following were sown: wheat – 215.2 thousand hectares or 95% of the planned area (compared to 249 thousand hectares last year), barley –...
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Brazil converts pastures into arable land to increase soybean production
19.05.2025
While the U.S. is losing farmland each year to development or renewable energy projects, Brazil is actively converting pastures to arable land to increase its area sown. From the 2015/16 MY to the 2024/25 MY, the country’s soybean acreage increased from 82 million acres to 117 million acres, and has great potential for further expansion, as another 70 million acres, including 12.65 million acres of degraded pasture, could be converted. Converting pastures to arable land is more...
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Purchase prices for grains in Ukraine on May 16, 2025
16.05.2025
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 7000 ↓ 250 Mustard seeds 25000 Peas 14800 Rye 12000 Coriander 27000 Corn10869 9968 10075 ...
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Good rainfall in the US and Ukraine and dry weather in China and Australia will have the biggest impact on markets in the coming weeks
16.05.2025
This week, rains continued in the Black Sea region, reaching the southwest of the Russian Federation through Ukraine. They replenished moisture reserves in the main wheat and corn growing regions, and only low temperatures, and in some places even frosts, negatively affected the development of crops. In general, in May, conditions in Ukraine are quite favorable for all crops, so the USDA's rather optimistic forecasts for the Ukrainian harvest may be confirmed. Due to frosts and...
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Corn prices in Ukraine fall in anticipation of EU supply restrictions from June
16.05.2025
Starting from June 6, 2025, the European Union will significantly increase import duties on Ukrainian agricultural products and will end special trade privileges that allowed the EU to import most Ukrainian goods duty-free. The quotas for duty-free supplies of corn will be reduced the most - from 4.7 million tons to 650 thousand tons per year. Purchase export prices for corn in Ukraine this week decreased by another 300–400 UAH/t to 10,600–10,800 UAH/t (or...
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Soybean oil prices fell 6% on the day on rumors that the US authorities are against increasing tax breaks for biofuel producers.
16.05.2025
A two-month speculative 25% increase in soybean oil prices was triggered by the preparation by representatives of the oil and biofuel industries of a bill to increase biofuel blending mandates in the US to 5.5 billion gallons by 2031, while the current level is 3.35 billion gallons. However, it is known that the Trump Administration does not support "green energy", and yesterday information emerged from lawmakers that the target for renewable diesel volumes for next year,...