News

Grain procurement prices in Ukraine remain under pressure from abundant new-crop supplies, while processors continue to adjust purchase prices in line with market conditions. As of August 6, 2026, traders are purchasing Grade 2 wheat at an average price of UAH 10,008/t, corn at UAH 9,050/t, barley at UAH 8,980/t, sunflower seeds at UAH 22,814/t, soybeans at UAH 19,900/t, and rapeseed at UAH 23,128/t. Current procurement prices for grain and oilseed crops by region and delivery basis are...

Processing plants have practically stopped purchasing sunflower seeds in Ukraine due to the blockade of sunflower exports and the switch to processing rapeseed, which has caused purchase prices to plummet.   The decline in rapeseed prices due to the impossibility of export to the level of 20,000-21,000 UAH/t increases the marginality of its processing, so factories are actively switching to rapeseed processing, and only small SEZs, which do not have such technical capabilities,...

The terrorist troops of the Russian Federation continue systematic shelling of port and transport infrastructure facilities of the Odessa region, as well as civilian vessels in the ports of Greater Odessa and the Danube region, which has practically stopped the calls of vessels to the Black Sea ports of Ukraine and the sea export of grain, ore, and metal products.   The intensity of attacks on Ukrainian port infrastructure is steadily increasing, and in just the first days of August,...

In July 2026, India increased vegetable oil imports by 34% compared to June to a 10-month high of 1.49 million tons, amid a decline in domestic stocks and the need to replenish them ahead of the traditional autumn holiday season, Reuters reports, citing market participants.   Imports of palm oil increased by 50% to a 5-month high of 733 thousand tons, soybean oil by 32% to a 7-month high of 501 thousand tons, and sunflower oil by 4% to 253 thousand tons.   Brokerage...

Grain procurement prices in Ukraine continue to decline as new-crop supplies increase and market availability remains high. As of August 5, 2026, traders are purchasing Grade 2 wheat at an average price of UAH 10,025/t, corn at UAH 9,050/t, barley at UAH 8,980/t, sunflower seeds at UAH 25,786/t, soybeans at UAH 19,900/t, and rapeseed at UAH 23,128/t. Current procurement prices for grain and oilseed crops by region and delivery basis are provided in the table below.   Purchase...

The decrease in sunflower oil supply from the Black Sea region is being offset by increased palm oil supplies, supporting palm prices, while soybean oil prices continue to fall as supply builds, limiting growth in related markets.   October Brent crude futures fell 3.8% to $79/barrel in anticipation of the Strait of Hormuz being unblocked, so markets will remain under pressure this week from increased oil supply and reduced demand for biofuels.   December soybean oil...

News of negotiations between the US, Iran and Oman and the possible signing today of an agreement to unblock the Strait of Hormuz has sent oil prices crashing by 11% since Monday.   Yesterday, October Brent crude futures fell 6.3% to $79/barrel (-11.4% in two days, +9.7% in the month).   The American news website Axios reports that the United States, Iran and Oman are close to concluding a "temporary" agreement to reopen the Strait of Hormuz, which would take...

On August 3, the Government of Ukraine adopted a resolution that changes the procedure for approving minimum allowable export prices for grain and oilseed crops, the Ministry of Agrarian Policy reports.   According to the document, in August 2026, when determining the minimum allowable export prices for certain types of products, in particular for wheat, rye, barley, oats, corn, soybeans, rapeseed, sunflower seeds, as well as certain products of their processing, including oils, a...