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Indian traders have started exporting wheat for the first time in four years as the country's large grain stocks, high world prices and stable freight rates have allowed them to sell small batches to buyers in Asia and the Middle East, Reuters reported, citing market sources.   Thus, according to traders, ITC has started loading 22,000 tons of wheat onto a ship at the port of Kandla for shipment to the United Arab Emirates. According to sources, the export agreement for the said...

Dry and cold weather in the US Plains is negatively affecting the condition of winter wheat crops and spring wheat planting, which continues to push up prices for new crop wheat, which have increased on exchanges by 0.5-2.9% per week and 4.1-11.7% per month.   According to the USDA report, in the United States, between April 27 and May 3, the number of crops in good or excellent condition increased by only 1% to 31% (51% last year), as precipitation fell only in the Midwest, and the...

According to traders, India reduced its palm oil imports in April by 27% compared to March to 505 thousand tons, which was the lowest figure since April 2025. As a result of the increase in palm oil prices, processors preferred cheaper alternatives. Therefore, soybean oil imports increased by 24% to 355 thousand tons, sunflower oil - doubled to 435 thousand tons, and total oil imports - by 10% to 1.3 million tons.   In March and April, palm oil prices in Malaysia reached $1,200/tonne...

Amid high global oil prices, the Brazilian government has decided to increase the use of biofuels domestically, increasing the share of ethanol in gasoline from 30% to 32% in the first half of the year.   This will boost demand for ethanol and increase the amount of sugarcane processed into biofuel to 54% compared to 51% in the previous season.   The timing of the decision coincides with the start of the sugarcane harvest season, when mills will split their harvest between...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine  CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 300Mustard seeds35000Peas11500Buckwheat38000Rye7500Coriander32000Corn1099588408600 ↓ 444221217Soybean hulls granulated150Flax30000Soybean meal345Chick-peas650Sunflower...

The U.S. biodiesel industry continues to recover from a difficult year, and could face challenges meeting the most ambitious biofuel blending requirements ever. Amid rising energy prices caused by the Iran war, the Environmental Protection Agency in late March set new targets that would require producers to increase output by more than 60% to meet them.   Thus, the production of biodiesel and renewable diesel is planned to increase from 3.35 billion gallons in 2025 to 5.4 billion...

Over the weekend, talks took place between the US and Iran, which delivered a 14-point plan for peace through Pakistan. But Trump said the plan did not meet US conditions on Iran's nuclear program.   Later, information appeared that Iran had changed its negotiating position and was ready to discuss the nuclear issue immediately. It agreed to limit uranium enrichment to 3.5% and reduce its stockpiles, and also softened the requirements for the American military presence. In...

The Midwest and the Southern and Central Plains of the United States received very productive rainfall last week, which will improve the condition of winter crops and facilitate the planting of spring crops. However, temperatures, especially in the North, remained low, which did not allow for increased planting. This week, temperatures are expected to rise and another wave of precipitation will allow for accelerated planting of soybeans and corn.   In the Canadian prairies, cold air...