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India is increasing purchases of cheap palm oil from Colombia and Guatemala, and has purchased rapeseed oil for the first time in 5 years, which will increase pressure on prices
25.08.2025
India bought rapeseed oil for the first time in 5 years with delivery in August, as local prices rose to a 3.5-year high, making imports profitable, while its own rapeseed crop will not appear on the market until March next year, Reuters reports. A consignment of 6,000 tonnes of rapeseed oil from the UAE will arrive at the Kandla port in Gujarat by the end of the month. India usually buys palm oil from Indonesia and Malaysia, and soybean and sunflower oil from Argentina, Brazil,...
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Canola prices rose 2.5% amid settlement of US tariffs and hopes for tariff removal by China
25.08.2025
Canadian Prime Minister Mark Carney announced on Friday that Canada and the United States have agreed to restore duty-free trade for most goods. He said 85% of trade between the countries would be duty-free. Carney said that last week the Americans confirmed that they would not apply tariffs to Canadian goods covered by the CUSMA free trade agreement (known as USMCA in the US). The remaining goods will be subject to a 35% tariff. "As a result of this US decision,...
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This season in Ukraine, the average grain yield is 3.9% lower than last year, rapeseed yield is 11% lower, and export rates are 50% lower.
25.08.2025
According to operational data from the Ministry of Economy, Environment and Agriculture, as of August 21, 2025, 27.252 million tons of grain and leguminous crops were threshed in Ukraine from 6.7 million hectares (60% of the planned amount) with an average yield of 4.07 tons/hectare. It is worth noting that the harvest rate reached last year's level - as of August 22, 2024, grain and leguminous crops in Ukraine were harvested on 61% of the area (6.76 million hectares), but the...
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Happy Independence Day of Ukraine!
24.08.2025
Ukrainians continue their long-standing struggle for the Freedom, Will and Independence of Ukraine, and for 1284 days they have been resisting the country of slaves and freedom-haters. Independence is possible only when there are people ready to fight for it. Independence begins with Invincibility. With the will and strength to resist anyone who seeks to turn you into a slave. From relatives, parental home, language and faith, dreams and deeds...
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Purchase prices for grains in Ukraine on August 22, 2025
22.08.2025
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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 6000 ↓ 250 Mustard seeds 27000 30000 Peas13820 ↓ 56 13240 275 Rye 10000 Rye grade II 12000 ...
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Chicago soybean oil prices surge ahead of biofuels loan decision
22.08.2025
Uncertainty over the Trump administration's policy to support biofuel production continues to sway soybean oil quotes in Chicago. December soybean oil futures on SWOT fell by 3.7% the day before yesterday, and yesterday rose by 4.7% to $1,187/t, which is 2.8% lower than last month's level. The Trump administration will rule on Friday on requests from small refiners seeking relief from U.S. biofuels regulations, but will delay a decision on whether large...
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Lower temperatures and forecasted rains improve prospects for winter rapeseed crops in Europe and Ukraine, while precipitation in Australia increases harvest potential
22.08.2025
A cyclone will pass through Europe later this week, bringing lower temperatures and heavy rain and showers across the region, including in the eastern regions. Another similar cyclone is expected next week, bringing much-needed rain for corn, soybeans and sunflowers, which will also be beneficial for winter rapeseed crops. These cyclones from Europe will bring the same weather to the right-bank part of Ukraine, so rains are expected there today and this weekend, which will be very...
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IGC sharply raised forecasts for global production of all grains, including wheat, and soybeans
22.08.2025
In their August report, experts from the International Grains Council (IGC) raised their forecast for global grain production (wheat and feed grains) in 2025/26 MY by 27 million tons compared to their July estimates to 2,404 million tons, which is 3.6% higher than the 2024/25 MY (2,321 million tons). In particular, forecasts for the US corn harvest and global wheat, sorghum, and oats production were sharply increased. The forecast for world grain consumption is increased by 15...
