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August Brent crude futures jumped 4.3% to $69.8 a barrel on Wednesday, hitting a 2.5-month high. The rise was driven by new risks surrounding the situation in Iran and expectations of tougher sanctions on Iranian and Russian oil.   Tensions in the Middle East: The US is evacuating non-essential personnel from its embassies in Iraq, Bahrain and Kuwait. CENTCOM announced an increase in threats in the region. The possibility of a strike on Iran's nuclear...

Corn prices in Ukraine remain under strong pressure and show a further decline. The current week brought another drop in export demand prices by $2–3/t — to $222–225/t (10,400–10,600 UAH/t) with delivery to the port by the end of June. Despite this, farmers are in no hurry to sell off the leftovers, hoping for a market recovery. Meanwhile, prices for new crop corn for delivery in October have already dropped to $195–196/t .   The pick-up in Asian...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Grain prices on world exchanges remain stable in anticipation of updated USDA balances this week. In Ukraine, prices for old harvest wheat and corn continue to decline to the level of new harvest prices.   USDA experts are expected to increase wheat and corn stocks due to a slowdown in exports, which will slightly increase the pressure...

  Total export volumes from the Russian Federation for January–May 2025: Category Volume (million tons) Δ to 2024 (%) Oilseeds 1,071 -22% Vegetable oils 2.72 -19% Meals 1.65 -10%         Oilseeds...

  The main factors behind the price drop: Malaysia's palm oil stocks rose 6.65% to 1.99 million tonnes at the end of May, the highest level since September 2024. Palm oil production in Malaysia in May: +5.05% m/m (up to 1.77 million tonnes ). Exports for May: +25.6% (to 1.39 million tons ), but this was not enough to compensate for the increase in production.         Prices and...

  Decision date : June 6, 2025 Source : Resolution of the Cabinet of Ministers No. 664 Reason for changes : Expiration of EU autonomous trade preferences for Ukrainian agricultural products from June 6, 2025; Return to the terms of the Free Trade Area (DCFTA).           Main changes in export quotas to the EU (from 2025): Product New quota Old...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Good weather in the US and Russia increased the pressure on wheat quotes on the exchanges, which fell by 2-2.4% on Monday. This is putting additional pressure on wheat prices in Ukraine - both old and new crops.   Canada completed the canola sowing in optimal terms, but traders actively bought futures in anticipation of a rainfall...

Global soybean prices are showing signs of strengthening, partly due to political developments — trade talks between the US and China — and expectations of increased demand for biofuels in the US . At the same time, favorable weather in the US is putting pressure on new crop soybean prices.   US–China trade talks Negotiations were held in London involving US Treasury Secretary Bessant, Commerce Secretary Greer, and Economic Affairs Minister Lonick with their...