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Following Israel's massive strike on Iran on June 13, 2025, which hit military and nuclear weapons facilities and eliminated almost all of Iran's top military and nuclear program leadership, oil prices rose 11% on Friday.   By the end of the session, it became clear that Iran would not be able to adequately respond to such powerful strikes, so August Brent crude futures rose by 7.26% per day to $74.1/barrel (+14% per month).   The main reason for the rise in oil...

As of June 5, 2025, 212 thousand hectares were sown with peas in Ukraine, or 98% of the projected 217.4 thousand hectares, which corresponds to last year's figure, although analysts predicted an increase in areas to 250 thousand hectares.   The most peas were sown in: Odesa region – 60.7 thousand hectares, Mykolaiv region – 27.5 thousand hectares, Kirovohrad region – 18.7 thousand hectares, Dnipropetrovsk region – 17.2 thousand...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Wheat prices in Ukraine continue to fall to the level of new crop prices , and stock market quotes are falling under the pressure of forecasts of good harvests in exporting countries. Even the forecast of a decrease in world stocks from the USDA could not support prices. Corn prices in Ukraine remain at UAH 10,400–10,600/t delivered to port as...

  The USDA's June report raised its estimate of global soybean beginning and ending stocks , keeping the market under pressure in the near term. The balance for 2024/25 MY is almost unchanged, but the following changes have occurred for 2025/26 MY:         Main indicators of the soybean balance for the 2025/26 MY (compared to...

The USDA's June report again lowered its global corn stock estimates for the 2024/25 and 2025/26 MYs, largely due to higher consumption estimates. However, the market reaction was muted, with futures up just 0.1-0.3% as traders anticipate strong harvests in the US and Brazil and remain cautious about weak demand from China.   Quote movement: July CBOT futures : $172.4/t (+0.3% on the day, -2.3% from May report) December futures : $173.2/t (+0.1%,...

The USDA's June report unexpectedly raised its global wheat consumption and export forecasts, leading to a lower estimate of ending stocks . Despite this, stock prices fell by 0.4-1.5% as demand remains weak and July data is likely to be revised down.   Main changes in the forecast for 2024/25 MY: Indicator June 2024 May 2024 Difference Beginning stocks 268.96 million...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF World corn prices continue to decline and fell to $235/t for delivery to Asian buyers in August, which continues to put pressure on prices in Ukraine. Here they are still at $222–225/t for delivery in June, but have already fallen below $196/t for the new crop.   The abolition of duty-free trade with the EU will deal a serious blow to...

Ukraine and the European Commission have agreed to find a new solution regarding the conditions for exporting Ukrainian agricultural products to the EU in June-July 2025. This was stated by First Deputy Minister of Agricultural Policy Taras Vysotsky during the Agro Ukraine Summit 2025.   "There will be no negative effect on the agricultural sector in the next 2–3 months. But if there are no new agreements by August, the introduced quotas will begin to be exhausted...