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Following the sharp drop in oil prices, demand in the biofuel market has fallen sharply, leading to lower prices for palm, rapeseed and soybean oils, and increasing pressure on sunflower oil prices.   Sunflower purchase prices in Ukraine continued to rise this week as processors were able to successfully sell oil and now have to cover the need for raw materials, but farmers should hurry, given the dynamics of price declines in neighboring soybean and rapeseed...

In recent days, wheat quotes have fallen sharply by 5.4-9%, rolling back to the level of the previous month, under pressure from confirmation of forecasts of a good harvest in major exporting countries, as well as a decrease in the speculative impact of the war in the Middle East.   In Ukraine, export prices for wheat, on the contrary, are gradually increasing after falling in early June, receiving support from the strengthening dollar exchange rate and the results of importer...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Exchange quotes for wheat and rapeseed have decreased by another 2-3%, which has not yet affected export prices in Ukraine. But if prices on exchanges remain at the same level, then prices in Ukraine may begin to decline.   There is a new wave of increased demand and prices for sunflower in Ukraine, as processors were able to successfully sell...

The fall in oil prices has stopped, but has led to a sharp decline in demand for biofuels, as the situation in the Middle East remains uncertain and prices could either soar again or fall even lower.   August rapeseed futures on the Paris exchange fell 2.9% yesterday to €484.75/t or $563/t, down 4.2% in two days amid uncertainty over the EU biofuel market. It is worth noting that November futures are trading at a premium of +€10/t to August futures, indicating market...

On Monday, wheat quotes fell by 1.8-2.8%, and yesterday they accelerated their decline and decreased by another 2-3.3%, excluding durum wheat prices in Minneapolis.   Traders were not deterred by the report on the delay in the winter wheat harvest in the US and a slight deterioration in the condition of spring wheat crops, as they paid attention to the low demand and export rates of the new crop, as well as the increase in forecasts for the Russian Federation.   July US...

The MARS crop monitoring service on Monday raised its forecast for the EU common wheat yield in 2025 from 6.04 to 6.05 t/ha compared to its May estimate, which would be 9% higher than last year and 5% above the 5-year average. Despite dry conditions in northern Europe, the weather in southern regions is conducive to crop formation.   France and the Benelux countries suffered from a rainfall deficit at a time when winter crops were in the grain filling stage. However, significant...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Oil prices fell sharply by 8% the day after Iran reached a ceasefire with Israel, leading to a sharp pullback in stock prices for all agricultural products. Rapeseed and canola prices fell by 3% in a day and increased pressure on rapeseed and sunflower prices in Ukraine. Sunflower prices in Ukraine were supported by rising oil prices last week,...

The sharp increase in oil prices last week increased demand for vegetable oils and Ukrainian farmers' hopes that sunflower prices would rise again to the level of 27-28 thousand UAH/t, but the fall in oil prices turned oilseed markets downward.   During the week in Ukraine, prices for sunflower with 50% oil content increased by 400-500 UAH/t to 26,000-26,200 UAH/t (or $545-550/t excluding VAT) with delivery to the factory, supported by rising prices for sunflower oil in the EU...