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Instability in the Middle East is causing strong volatility in the oil market, which also affects the quotes of agricultural futures, especially vegetable oils.   Thus, last week, September Brent crude futures rose by 13.5% to $101/barrel, fell by 20% on Monday (+13.5% per month), and this morning rose again at the start of trading by 4.8% amid the US response to new strikes by pro-Iranian forces from Iraq on US military bases.   It should be noted that palm oil futures on...

According to the forecast of the Rosario Grain Exchange, in the first half of 2026, Brazil will export 12.3 million tons of soybean meal, and Argentina - 13.3 million tons, which will reduce the gap between the world's two largest exporters of this product.   If in 2021 Argentina exported 86% more soybean meal than Brazil, then in the first half of 2025 the gap narrowed to 23%, and by mid-2026 it will decrease to 8% due to the rapid expansion of processing capacities in Brazil,...

The MARS monitoring service, in a July report, lowered its harvest forecasts for all crops for 2026 due to abnormal heat and warned of the possibility of further reductions in estimates if dry and hot weather persists in western Europe.   This season, Europe has been hit by several heat waves, which have led to drought, reduced water supplies and severe forest fires. They have also shortened the grain filling phase of winter crops and accelerated the harvest, which is already...

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 offals5500Peas1000011200Coriander35000Corn99608654 ↓ 299000 ↑ 192200207 ↓ 1250Flax610Soybean cake335Rape-seed oil1250Sunflower oil1225Wheat, grade I275Wheat grade II101138773...

The suspension of sea grain exports from Ukraine and rumors of a halt to exports from the Russian Federation last week led to a rise in wheat quotes to multi-year highs , but it later became clear that ships were continuing to call at Russian ports, so quotes fell sharply amid profit-taking after a speculative rise.   Over the past week, September wheat futures had the following dynamics: decreased by 2.1% to $242.5/t - for soft winter SRW wheat in Chicago (+13.8% per...

Sell on rumors and buy on facts - this is the rule used by traders on exchanges, and President Trump generates enough information for speculative jumps.   Yesterday, September Brent crude futures fell 10.2% to $88/barrel (-15.9% in two sessions) amid the US halting its attacks on Iran and Trump's announcement of resuming talks with Iran. Such a sharp collapse in oil prices led to a significant decline in grain prices.   At the same time, the Iranian Foreign Ministry...

Due to the refusal of shipowners to deliver vessels to the ports of Greater Odessa, Ukrzaliznytsia has begun working on alternative export routes and expects data from shippers on current destinations. This issue was discussed at a meeting with agricultural market participants on July 22, Rail.insider reports.   An alternative to the ports of Greater Odessa are the ports of the Danube and the western border crossings, which are most interesting for business.   Currently,...

This year's reduction in grain production in Europe will be the largest in decades due to abnormal heat and geopolitical tensions that have destabilized exports and led to rising prices for fuel and fertilizer, Bloomberg reports. Compared to last year, total grain production in the European Union could decrease by 9% to 23.4 million tons. According to estimates by the British think tank Energy and Climate Intelligence Unit, the June heat wave alone reduced the income of European...