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Weather factors put pressure on agricultural markets: heavy rains in the US and Europe, drought in the Black Sea region, China and Australia
06.06.2025
North America In the US, especially in the Midwest and Great Plains, very favorable weather conditions continue: occasional showers and thunderstorms support good condition of spring crops. Forecasts for 7-10 days predict new waves of precipitation, which reinforces the USDA's optimistic expectations for the wheat, corn and soybean harvest. In Canada, the prairies are receiving scattered rain, although less than expected. Eastern regions are seeing more precipitation, with more showers...
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Purchase prices for grains in Ukraine on June 6, 2025
06.06.2025
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Good weather in Brazil is boosting corn harvests to new record highs, adding to price pressure in July. Weather conditions in the US and EU are quite favorable for the harvest, while Ukraine, Russia and China need more rainfall in June to meet projected figures. Prices for the new crop in Ukraine remain below those for the old crop,...
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Romania expects record grain harvest in 2024/25 season
06.06.2025
This year, Romania is experiencing exceptionally favorable conditions for growing grain and oilseed crops. According to estimates by the Ministry of Agriculture and leading analysts, the country could harvest one of the largest harvests in recent years. Wheat: 40% growth The wheat harvest is estimated at 13.3 million tons, which is 40% more than last year (9.3 million tons). According to expert Cesar Gheorghe, this could even surpass the record harvest of 2021. Such an increase...
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Purchase prices for grains in Ukraine on June 5, 2025
05.06.2025
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Jordan held another tender for the purchase of feed barley, where it again purchased cheap barley from Europe, so prices for Ukrainian barley of the new crop will remain under pressure. The Ministry of Agrarian Policy of Ukraine announced its first pessimistic forecast for the grain and oilseed harvest in Ukraine, which...
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Strategie Grains agency lowers EU oilseed harvest forecast, but rapeseed quotes continue to fall
05.06.2025
Consulting agency Strategie Grains has lowered its forecast for oilseed production in the EU in the 2025/26 MY from 32.5-33 million tons to 32 million tons, which will still significantly exceed last year's 29.1 million tons, which became a 5-year low. Thus, the forecast for rapeseed production was reduced from 19 to 18.6 million tons (16.85 million tons in the 2024/25 MY), sunflower production from 10.5 to 10.4 (8.8) million tons, and soybean production from 3.1 to 3 million...
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The forecast of the Ministry of Agrarian Policy of Ukraine for the production of grain and oilseed crops in 2025 is much more pessimistic than the USDA estimates
05.06.2025
The Minister of Agrarian Policy and Food of Ukraine, V. Koval, has published a forecast for the production of grain and oilseed crops in 2025, according to which the harvest of grain crops will decrease by 10% compared to last year from 56.7 to 51 million tons, and oilseed crops - by 5% from 21.18 to 20.16 million tons due to a reduction in rapeseed production by 600 thousand tons. "We are facing a difficult season. An abnormally warm winter, a lack of moisture in the spring,...
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India sharply increased imports of vegetable oils in May, but mostly cheap palm oil, so world prices did not receive support
05.06.2025
According to SEA, as of May 1, vegetable oil stocks in India decreased to the lowest level since July 2020 at 1.35 million tons due to a reduction in imports in the January-April period amid a sharp increase in palm oil prices. In May, the country increased imports of vegetable edible oils by 37% compared to April to a 6-month high of 1.18 million tonnes, in particular sunflower oil – by 2% to 184 thousand tonnes, soybean oil – by 10% to a 5-month high of 398 thousand...
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Jordan purchased another batch of barley at a low price, which continues to put pressure on the prices of the new crop in Ukraine
05.06.2025
According to market operators, the Jordanian state agency MIT purchased about 50 thousand tons (out of the planned 120 thousand tons) of feed barley from Al Dahra in an international tender on June 4, for delivery on September 1-15, 2025, at a price of $229.25/ton C&F, which is slightly lower than the price of the previous week's tender, where 50 thousand tons (out of the planned 120 thousand tons) of feed barley were also purchased. The bid prices at the tender remained at...