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The news that Iran and Israel are ceasing fire and Trump's call not to raise oil prices led to a sharp drop in August oil futures yesterday by 7.7% to $71.5/barrel, which caused a significant decrease in canola and rapeseed prices.   Iran's response to the US attack on the country's nuclear facilities was less serious than expected, as 14 Iranian missiles sent to a US base in Qatar were intercepted, and President Trump announced that Israel and Iran would cease fire from...

On Monday, wheat prices partially offset last week's speculative increase of 4-5.6%, caused by the start of an open war between Israel and Iran, as a result of statements about a ceasefire and increased wheat harvest forecasts in the Russian Federation.   The Argus agency has increased its forecast for the Russian wheat harvest in 2025 by 4.5 million tons to 84.8 million tons, while the USDA estimates it at 83 million tons.   The Rusagrotrans analytical center predicts...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF The US joining Israel in its strikes on Iran has heightened concerns about the war spreading across the Middle East and continues to push up oil prices. But the situation in Iran could change dramatically, as it did in Syria, so oil prices could rise or fall.   High oil prices support the prices of raw materials for biofuels, so quotes for...

After the start of an open war between Israel and Iran, global oil prices have risen by 15%, leading to a sharp increase in diesel prices, especially in Europe and Ukraine. The increase in diesel prices is outpacing the increase in oil prices, Reuters reports.   ICE Low Sulfur Gasoil diesel prices have increased by almost 15% since June 12, continuing a previous trend driven by high global demand and low fuel stocks in the US and EU.   Gasoline and diesel prices in Ukraine...

Brazilian farmers are increasingly planting soybeans deep in the Amazon rainforest, putting pressure on the Amazon Soy Moratorium, a voluntary agreement signed by leading global grain traders in 2006 to prevent deforestation, under which traders agreed not to buy soybeans grown on land cleared after 2008, Reuters reports. The moratorium protects primary (old-growth) rainforests that have never been logged before, but excludes many other types of vegetation and forests, including secondary...

Rains in Argentina and Brazil are delaying the corn harvest, allowing Ukrainian farmers to receive high prices for corn in June, although analysts had expected them to decline under pressure from supply from South America.   Last week, export demand prices for corn at Ukrainian ports remained at $220–222/t or UAH 10,400–10,600/t, as traders bought up small lots, while supply from farmers was at a low level.   Forward prices for new crop corn for October...

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 rose 14% in a week, pushing up rapeseed and canola prices. But they rose less, by just 1.3% and 3.5% in a week, on improving harvest conditions in the EU and Canada. In Ukraine, duties on soybean and rapeseed exports were not adopted, so rapeseed prices in hryvnias have increased, although prices in dollars are growing more...

Against the backdrop of increased demand from importers and the first signals of low feed barley yields in Ukraine, purchase prices in ports have begun to increase. According to APK-Inform Agency, as of June 18, 2025, prices for barley of the 2025 harvest in the ports of Greater Odessa increased by $1–3/t to the level of $185–193/t CPT-port.   Prices are supported by a limited number of offers at the start of the harvest, as well as uncertainty about further weather...