News

Demand for sunflower in Ukraine has begun to decline as more and more plants stop for preventive maintenance and preparation for the new rapeseed season.   The decrease in the number of sunflower buyers immediately led to a decrease in purchase prices, which are likely to continue to fall in June.   Over the past week, purchase prices for sunflower (with 50% oil content) in Ukraine decreased by 200-300 UAH/t to 31,300-33,000 UAH/t or $630-660/t excluding VAT. Processors...

Vegetable oil markets are entering a season of increased supply of new crop soybean and rapeseed oil, so buyers are mostly taking a wait-and-see approach, especially against the backdrop of falling oil prices. Brazil and Argentina are increasing supplies of soybean oil, while Malaysia and Indonesia are actively selling the cheapest palm oil on the market.   July Brent crude futures fell 1.2% to $95/barrel during the week, losing 13% over the month, but rose again on Monday amid...

Spring barley accounts for 50% of all agricultural production in Scotland, with more than half of this volume going to the production of malt for the popular Scotch whisky.   However, barley producers are now in the worst situation in decades – malt prices are very low, and demand for it is falling due to reduced whiskey consumption.   Over the past 10 years, Scottish distilleries have been steadily increasing their whisky production, with local farmers growing...

The gradual decline in oil prices (-5.2% per week, -13.5% per two weeks) and improved conditions for corn planting in the US continue to put pressure on corn quotes in Chicago, which fell by 9.2% per month, losing the speculative growth caused by the war with Iran and weather factors.   During the week, July corn futures in Chicago fell 4.2% to $174.8/t (-9.2% month-on-month) and are trading 5.2% lower than a year ago, while December futures fell 2.9% to $186/t (-6.7%...

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 offals6100 ↓ 250Mustard seeds35000Peas11300Coriander32000Corn1140098379500 ↓ 20225215Soybean hulls granulated150Lupine13000Soybean cake340Chick-peas2400Sunflower oil13001150Wheat...

Favorable precipitation last week, which will continue this week in major wheat-exporting countries, led to a decrease in wheat quotations on exchanges by 2.9-6.2% per week, and in total, prices have already fallen by 3.4-8.2% per month.   Such a sharp drop in quotes and an increase in the harvest forecast in Ukraine (insert link to today's news about the UGA forecast) due to improved weather conditions reduces export prices for Ukrainian wheat.   According to NASS...

Experts from the Ukrainian Grain Association predict that in 2026 the harvest of grain and oilseed crops will increase compared to the previous year from 80 to 83.6 million tons.   Against this background, agricultural exports could increase from 42.3 to 50.8 million tons if Russia's constant attacks on Ukrainian infrastructure and energy do not complicate the logistical situation.   Compared to last year, crop production in 2026 is expected to increase by: wheat...

Pakistan has lifted the 2024 ban on the import of GMO soybeans and canola until 2027. From May 24, imports of genetically modified soybeans and canola can be carried out without restrictions on the validity of permits.   Liberalization of legislation will strengthen the raw material base for the production of oils and animal feed, simplify licensing procedures, and expand the powers of biosafety committees operating at universities and private scientific...