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Over the weekend in Switzerland, representatives of the United States and China agreed to reduce tariffs by China on American goods to 10% and by the United States on Chinese goods to 30%, which added optimism to markets that were expecting a global recession and a collapse in world trade.   July Brent crude futures rose 7.3% to $66.6/barrel (+4% month-on-month) on expectations of a recovery in oil demand following improved relations between the US and China.   Following...

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 ↓ 250 180 Mustard seeds 25000 Peas 14800 Rye 12000 Coriander 27000 Corn10881 9974 10125...

In its May supply and demand report, USDA experts presented the first global soybean balance for the 2025/26 MY, according to which global soybean stocks, production and consumption will increase in the new season. However, soybean quotes in Chicago rose by 1.8-2.6% yesterday against the backdrop of de-escalation of trade relations between the US and China and a reduction in the US crop forecast.   Compared to the April estimates , the world soybean balance for the 2024/25 MY is...

In the May supply and demand report, USDA experts raised their forecasts for global corn consumption in 2024/25 MY and 2025/26 MY to record levels, so even the expected increase in global production will not lead to an increase in stocks in the new season.   Corn prices on the Chicago Board of Trade fell slightly yesterday, but overall remain under pressure from news of a reduction in mutual tariffs between the US and China, which could boost US corn...

In the May supply and demand report, USDA experts improved the world wheat balance for 2024/25 MY and presented the first balance for 2025/26 MY, in which they increased the forecast for world wheat production to a record level. Against this background, wheat quotes on US exchanges fell by 1.7-1.8% yesterday, losing 3-9.8% for the month after a decrease of 2.4-3.5% in the previous month.   Compared to April estimates , the world wheat balance for the 2024/25 MY has undergone the...

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 ↓ 250 180 Mustard seeds 25000 Peas 14800 Rye 12000 Coriander 27000 Corn10894 ↓ 84 9974...

Oil prices are rising amid trade talks between the US and China, as well as threats from European leaders to impose sanctions against more than 100 oil tankers from the Russian "shadow fleet" if the Russian Federation refuses to accept a ceasefire in Ukraine.   During the week, July Brent crude futures rose 4.4% to a 10-day high of $64/barrel, returning to last month's level on hopes of an end to the US-China trade war.   Over the weekend, US Treasury...

In recent months, China has significantly increased its soybean imports, mainly from South American countries, Oil World reports.   During March-April, soybean shipments from Brazil to China increased by 3.1 million tons compared to the same period last year to a record 21.9 million tons. It is expected that import rates will also remain high in May-June.   Only 70 thousand tons of soybeans were delivered from Argentina in April (165 thousand tons last year), but a...