News

Thanks to good rainfall in Romania and Spain, the European Commission has increased the forecast for EU soft wheat production in the 2025/26 MY from 126.6 to 128.2 million tonnes compared to May estimates, which will be 15% higher than last year's harvest, which was affected by excessive rains.   For France, the soft wheat production forecast has been increased by 0.53 million tons to 32.55 million tons, but a dry spell in June may lead to an adjustment in...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF IGS raised its forecast for global grain production, in particular wheat harvest - to a record 808 million tons and corn - to 1,276 million tons, and also increased the estimate of ending stocks in the 2025/26 MY. In Ukraine, barley export prices continue to rise, but they are limited by declining prices for feed grains and meals. New plans by...

The Verkhovna Rada will return to considering the "soybean-rape" amendments as part of draft law No. 13157, which is being prepared for the second reading , according to  https://latifundist.com/. The document also includes other previously unadopted tax initiatives, in particular, an amendment regarding the payment of patronage dividends in agricultural cooperatives.   "Bill 13157 is quite complex, it includes soybean amendments, patronage dividends, water...

In their June report, experts from the International Grains Council (IGC) raised their global grain production forecast for 2025/26 MY by 2 million tons to 2,377 million tons compared to May estimates, which would exceed the current season's harvest (2,313 million tons) by 2.8%. In particular, the forecast for wheat production and stocks was increased by 2 million tons - to 808 million tons (799 million tons in 2024/25 MY) and 264 million tons (270 million tons),...

The 2025/25 barley season in Ukraine began with a “battle” of international traders for the first volumes delivered to ports.   Against the background of information about low yields and the need to form the first export batches, exporters increased prices for feed barley every day, and within a week export prices increased by 400-500 UAH/t to 9400-9500 UAH/t or $198-200/t with delivery to Black Sea ports.   Such a crazy price increase usually forces farmers to...

The weather in May and June usually leads to strong speculative price movements in agricultural products, as traders try to predict the future harvest of certain crops.   In the US and the EU, where the main world grain exchanges are located, the weather is quite favorable, so quotes continue to fall, not yet reacting to dry conditions in some regions of the Black Sea region, Australia, and central China.   This week, weather remained warm and humid in major grain and...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF In Ukraine, a gradual increase in prices for wheat and barley continues, caused by the strengthening of the dollar, but an increase in supply against the backdrop of a prolonged decline in exchange prices for wheat and stabilization of the exchange rate will stop the growth.   Sunflower prices were actively growing last week, so farmers need...

Export purchase prices for soybeans remain under pressure from falling stock prices and reduced demand due to uncertainty over the introduction of a 10% export duty on soybeans and rapeseed, which is still being discussed in parliament.   In Ukraine, export demand prices for non-GMO soybeans have fallen by $15-20/t to $410-415/t or UAH 19,000-19,500/t with delivery to the port due to the suspension of purchases by major traders, but demand for June deliveries of GMO soybeans remains...