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The global wheat market remains under pressure from favorable weather conditions in key producing countries and the start of new harvests. Improved production forecasts continue to limit the potential for price increases, although the decline in quotations on major exchanges has now stopped.   In Ukraine, weather conditions also remain favorable for crop formation. Against this background, Argus agency increased its forecast for Ukrainian wheat production by 0.6 million tons to 24.1...

Global prices for nitrogen fertilizers continue to decline rapidly, despite traders' expectations of the restoration of full shipping through the Strait of Hormuz, the Financial Times reports, citing data from the analytical agency Argus.   In recent months, nitrogen fertilizer prices have fallen by almost 50%, effectively returning to levels seen before the escalation of the conflict in the Middle East. In particular, according to Argus, since April of this year, the price of...

Increased attacks on Ukrainian seaports, ships, and logistics infrastructure could reduce Ukraine's grain exports by almost a third, industry representatives and grain terminal operators say.   According to market participants, monthly grain exports could drop from approximately 6 million tons to 4 million tons. The greatest risks are associated with the operation of the ports of Greater Odessa, through which the bulk of the country's agricultural exports...

Grain procurement prices in Ukraine continue to be influenced by weather conditions, harvest progress, and demand from exporters and processors. As of June 22, 2026, traders are purchasing Grade 2 wheat at an average price of UAH 11,003/t, corn at UAH 10,975/t, barley at UAH 10,000/t, sunflower seeds at UAH 31,800/t, soybeans at UAH 20,800/t, and rapeseed at UAH 24,000/t. Current procurement prices for grain and oilseed crops by region and delivery basis are provided in the table...

Despite expectations of a record global sunflower production in the 2026/27 MY season, the domestic market of Ukraine has not yet shown a significant reaction. Purchase prices remain stable due to limited seed supply and sustained demand from processing enterprises.   According to preliminary estimates by Oil World analysts, the global sunflower harvest in the 2026/27 MY season may increase to 63.3 million tons, compared to 57.5 million tons in the previous marketing year and the...

Weather conditions in the main grain and oilseed producing countries remain mostly favorable for the formation of the new crop. Despite scientists' warnings about the beginning of the El Niño phenomenon, which is traditionally associated with a decrease in precipitation in the Southern Hemisphere, in June most agricultural regions of the world continue to receive sufficient moisture and moderate temperatures.   Several fronts moved through the Midwest and Great Plains last...

The global oil market continues to be under pressure after the start of the negotiation process between the US and Iran. The achievement of preliminary agreements on a ceasefire and the resumption of dialogue contributed to the reduction of geopolitical tensions around the Strait of Hormuz and was one of the main factors in the fall in oil prices.   Last week, the US and Iran signed an online memorandum of understanding to end the truce and begin talks, which initially led to the...

Grain procurement prices in Ukraine remain influenced by the approaching harvest and developments in global agricultural markets. As of June 19, 2026, traders are purchasing Grade 2 wheat at an average price of UAH 11,003/t, corn at UAH 10,904/t, barley at UAH 10,100/t, sunflower seeds at UAH 31,760/t, soybeans at UAH 20,800/t, and rapeseed at UAH 24,000/t. Current procurement prices for grain and oilseed crops by region and delivery basis are provided in the table below.   Purchase...