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The world wheat market is expecting a new harvest, the forecasts for which are quite good. Therefore, in Ukraine, demand for old-crop wheat is almost non-existent, and prices for the new crop are gradually decreasing. Traders note the intensification of sales of the new crop by farmers from the south, which indicates the formation of a good harvest of winter wheat due to favorable precipitation in May.   During the week in Ukraine, demand prices for food wheat of the new harvest fell...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF   Sunflower prices continue to decline under pressure from reduced activity of processors and negative trends in the vegetable oil market, caused by forecasts of a sharp increase in the harvest in the new season in the EU, Ukraine, Russia and the USA.   India has collected a record harvest of wheat and rice, which will...

According to the forecast of experts from Oil World (Germany), in 2025, thanks to favorable weather, oilseed production in the EU will increase by 3.5-4 million tons compared to last year's 5-year minimum of 29.1 million tons, in particular sunflower - from 8.8 to 10-10.3 million tons.   In some countries, including Germany, Poland, France and Hungary, there is still a deficit of soil moisture, while in Romania and Bulgaria there was favorable precipitation, thanks to which...

China has stepped up weather management efforts to increase rainfall in the arid wheat-growing regions of the country’s north. Much-needed rains in China’s grain belt last week were brought about by the operations, according to the China Meteorological Administration. Ground and aerial operations were carried out in the provinces of Shaanxi and Shanxi, as well as Inner Mongolia, Bloomberg reported.   China is announcing the world's largest weather modification...

July soybean oil quotes in Chicago fell another 3.2% to $1,035/t on Friday (-5.2% in three sessions, -5.3% in the month) amid reduced export demand for expensive American oil, the possible elimination of tariffs on Canadian rapeseed oil used for biofuel production in the US, and information that the White House seeks not to reduce the volume of biofuel production mandates for small refineries. Prices are also pressured by a sharp drop in oil prices.   July Brent crude futures fell by...

India's Ministry of Agriculture has raised its wheat production forecast for the country in the 2024/25 MY from 115.4 million tons to a record 117.5 million tons (113.3 million tons in the previous season), compared to March estimates, Reuters reports.   This increase in production will be due to the expansion of the area sown with high-yielding wheat varieties.   It is expected that compared to the previous season, the country's total grain production will...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF   A US appeals court has suspended for 14 days the International Trade Court's ruling blocking Trump's tariffs, adding uncertainty to traders and causing a drop in demand and prices for oil and commodities.   Sunflower prices in Ukraine are falling due to a decrease in demand from processors and pressure from falling...

The Trump administration has received a decision from the US Court of Appeals temporarily suspending (for 14 days) the decision of the International Trade Court, which blocked the imposition of the tariffs announced by Trump, to give the Department of Justice time to appeal.   On Thursday night, Trump welcomed the appeals court’s decision in a social media post, calling the initial decision “wrong and political!” He said seeking congressional approval for the...