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According to the Malaysian Palm Oil Board (MPOB), palm oil inventories in Malaysia have been growing for 10 consecutive months, and in December increased by another 7.58% to a 7-year high of 3.05 million tonnes (in November +13%, October +4.2%, September +7.2%, August +4.2%, July +4%, June +4%), as production volumes exceed export demand.   However, palm oil quotes do not respond to the increase in inventories and remain stable for two months.   Palm oil production in...

Weighted average purchase prices for grains and oilseeds in Ukraine on CPT (terminals), EXW (elevators), CPT (processors), FCA, CPT (USD), FOB, DAF, CIF terms   USDA unexpectedly raised its corn crop forecast significantly for the U.S. and China, which led to a sharp 6% drop in Chicago quotations and once again reminded the market that global corn production in the 2025/26 MY will exceed last season’s level by 66 million tonnes! The forecast for global wheat production...

On Monday, January 12, the Russian Federation again attacked civilian vessels in Ukrainian ports, said Deputy Prime Minister for the Reconstruction of Ukraine - Minister of Community and Territorial Development of Ukraine Oleksiy Kuleba. According to him, a Russian UAV hit a Panamanian-flagged tanker that was waiting to enter the port to load vegetable oil. One crew member was injured and is currently receiving necessary assistance. Maritime rescue services are working at the scene and...

In the January world oilseed balance for 2025/26 MY, FAS USDA experts again increased the forecast for world oilseed production by 2.89 million tons compared to December estimates to 693.15 million tons (684.34 million tons in 2024/25 MY and 657.4 million tons in 2023/24 MY), in particular soybean production in Brazil and the USA and sunflower in Argentina, which more than compensates for the decrease in rapeseed and peanut production.   The forecast for global soybean production has...

The United States Department of Agriculture (USDA) unexpectedly sharply raised corn crop forecasts for the United States and China in its January supply and demand report, leading to an increase in the estimate of world production and stocks in the updated balance for the 2025/26 MY and a collapse in corn quotes in Chicago.   March corn futures in Chicago fell 6.1% to $166/t after the report was released and are trading 4.5% lower than after the December report.   The...

In the January supply and demand balance, experts from the United States Department of Agriculture (USDA) again, as in the December report, increased forecasts for global wheat production, consumption, and ending stocks in the 2025/26 MY, which increases pressure on stock quotes, and closer to spring will also affect the physical market.   Compared to December estimates, the world wheat balance for the 2025/26 MY has undergone the following changes: The forecast for world wheat...

Weighted average purchase prices for grains and oilseeds in Ukraine on CPT terminal, EXW elevators, CPT processors, FCA, CPT (USD), FOB, DAF, CIF terms           Purchase prices in Ukraine   CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH FCA, $ CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat...

Last week, the Midwest and Plains of the United States experienced warm weather with temperatures above freezing and precipitation in the form of rain and sleet, which improves moisture reserves in winter crops. According to forecasts, temperatures will begin to gradually decrease this week, and frosts of 10-15 degrees are expected next week, which will not be critical for winter crops.   The water level in the Mississippi River is low, which is hindering shipping and causing traffic...