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Cold weather with frosts of -10-18 degrees has been persisting in Ukraine for the second week, but a layer of snow will protect winter crops from damage. In the eastern regions, the snow layer is less, which increases the risk of losses, especially given the dry conditions during sowing and weaker crops. At the end of this week, temperatures are expected to rise to -5..0 degrees and new snowfalls, which will improve moisture reserves.   The cold front came from the northeast of the...

Severe frosts have practically stopped wheat deliveries to ports by road, forcing traders to raise prices to stimulate trade, but the easing of frosts at the end of the week will allow for increased supply.   The growth of the dollar exchange rate on the interbank market led to an increase in export purchase prices for wheat in Ukraine during the week by 50-100 UAH/t to 10,100-10,400 UAH/t or $208-214/t for food wheat and up to 9,800-10,100 UAH/t or $204-206/t for feed wheat with...

The conclusion of an agreement between Canada and China to eliminate 100% of import duties on peas from March 1, 2026, has already had a positive impact on the market. Pulse Canada President Terry Yuzva said that he received an offer from a broker that was $0.50/bushel more expensive than before. “We have not yet reached the previous levels — a year ago the price of peas fluctuated in the range of $12-14/bushel, and now it is about $8/bushel,” he noted. China has agreed...

According to the latest forecast from the National Supply Company (Conab), released on January 15, the total production of agricultural crops in Brazil in the 2025/26 MY, despite minor fluctuations in individual crops, remains at a record level. Thus, the area sown with 16 main agricultural crops will increase by 2.1 million hectares to 83.9 million hectares compared to the previous season, and their yield will increase by 987 thousand tons to 353.1 million tons. In particular, the area...

Canadian Prime Minister Mark Carney, during his visit to China last week, agreed to reduce tariffs on Canadian canola, effective from August 2025, from 75.8% to 15%. Carney said the new tariffs will remain in place until at least the end of the year, and that increased tariffs on Canadian canola meal will also be suspended.   The tariff reduction will restore Canadian canola exports to China and support producers and exporters who have been looking for new markets amid the...

Weighted average procurement prices for grains and oilseeds in Ukraine under CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF terms           Procurement Prices in Ukraine   CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat...

The European Union and the South American economic bloc Mercosur (Argentina, Brazil, Paraguay, Uruguay, Bolivia and associate members Chile, Peru, Colombia, Ecuador, Suriname, Guyana) have finally signed a Partnership Agreement, as well as an Interim Trade Agreement, after more than 25 years of negotiations, the European Commission announced.   "Today, two like-minded regions are opening a new page of opportunities for over 700 million citizens. With this mutually beneficial...

As of January 15, Ukraine harvested 59 million tons of grains and legumes, as well as 17.4 million tons of oilseeds (including soybeans).   The corn harvest amounted to 28.9 million tons (+200 thousand tons per week). Crops remain unharvested mainly in the northern and central regions, where yields are higher than average, which could add another 1.5-2 million tons to the final result.   During January 1-15, agricultural exports amounted to 2.6 million tons (compared to...