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According to the FranceAgriMer agency, 96% of the planned area has been sown with corn in France, and seedlings have already been obtained on 88% of the area, which exceeds last year's level (82%) and the 5-year average (77%).   The condition of grain crops is also better than last year. As of May 18, 80% of winter soft wheat crops (71% last year), 76% (66%) of winter barley, and 85% (75%) of spring barley were in good or very good condition.   Experts note that the...

Starting in June 2026, Argentina will reduce the export duty on wheat from the current 7.5% to 5.5%, the country's President Javier Miel said, speaking at the Buenos Aires Grain Exchange.   He also said that from January 2027, there could be a 0.25%-0.5% export duty on soybeans, but only if tax revenues allow it.   The president spoke about plans to reduce taxes for the automotive and petrochemical industries, but more details about this will be announced...

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 seeds35000Peas1175011300Coriander32000Corn1136197249500 ↑ 230226214Soybean hulls granulated150Soybean cake3408000340Sunflower oil cake11800Sunflower...

In April, export prices for Ukrainian sunflower oil gradually increased, but not as much as for competing vegetable oils.   According to APK-Inform, the sunflower processing margin in Ukraine has recently decreased significantly due to rising raw material prices. However, the increased competitiveness of sunflower oil on the world market is improving export prospects for Ukrainian processors.   Importers are actively switching from expensive palm oil to cheaper sunflower...

Traders' main attention is now focused on the weather in the US and the Black Sea region, where, after a long deficit of precipitation, rains have begun, improving the condition of crops.   In the Midwest, weather conditions are favorable for corn planting and development, with additional good rainfall expected in the U.S. Corn Belt over the next few days. Corn and soybean planting rates are above average, so actual plantings may be higher than forecast due to reduced spring...

The Algerian State Grain Agency (OAIC) purchased about 200,000 tons of milling wheat of any origin at an international tender on May 20 at a price of $284-292/ton C&F, Reuters reports.   According to the terms of the tender, wheat of European or Black Sea origin must be shipped on July 1-15, July 16-31, August 1-15, August 16-31, September 1-15, and September 16-30, and wheat from South America or Australia - a month earlier.   The tender requirement to unload wheat...

On May 20, the Government of Ukraine adopted a resolution introducing an experimental mechanism for checking agricultural products to determine whether they were grown on lands where deforestation or forest degradation occurred after December 31, 2020, the Ministry of Economy reported.   This will accelerate the digitalization of the agricultural sector, prepare Ukrainian farmers for the requirements of EU Regulation 2023/1115, which will come into effect in 2027, allow agricultural...

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 seeds35000Peas11300Coriander32000Corn1132997249200 ↓ 50226214Soybean hulls granulated150Soybean cake3408000340Sunflower oil cake11800Sunflower...