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While the U.S. is losing farmland each year to development or renewable energy projects, Brazil is actively converting pastures to arable land to increase its area sown. From the 2015/16 MY to the 2024/25 MY, the country’s soybean acreage increased from 82 million acres to 117 million acres, and has great potential for further expansion, as another 70 million acres, including 12.65 million acres of degraded pasture, could be converted. Converting pastures to arable land is more...

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 offals 7000 ↓ 250 Mustard seeds 25000 Peas 14800 Rye 12000 Coriander 27000 Corn10869 9968 10075 ...

This week, rains continued in the Black Sea region, reaching the southwest of the Russian Federation through Ukraine. They replenished moisture reserves in the main wheat and corn growing regions, and only low temperatures, and in some places even frosts, negatively affected the development of crops.   In general, in May, conditions in Ukraine are quite favorable for all crops, so the USDA's rather optimistic forecasts for the Ukrainian harvest may be confirmed. Due to frosts and...

Starting from June 6, 2025, the European Union will significantly increase import duties on Ukrainian agricultural products and will end special trade privileges that allowed the EU to import most Ukrainian goods duty-free. The quotas for duty-free supplies of corn will be reduced the most - from 4.7 million tons to 650 thousand tons per year.   Purchase export prices for corn in Ukraine this week decreased by another 300–400 UAH/t to 10,600–10,800 UAH/t (or...

A two-month speculative 25% increase in soybean oil prices was triggered by the preparation by representatives of the oil and biofuel industries of a bill to increase biofuel blending mandates in the US to 5.5 billion gallons by 2031, while the current level is 3.35 billion gallons.   However, it is known that the Trump Administration does not support "green energy", and yesterday information emerged from lawmakers that the target for renewable diesel volumes for next year,...

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 offals 7000 ↓ 250 Mustard seeds 25000 Peas 14800 Rye 12000 Coriander 27000 Corn10869 9968 ↓ 6 10125...

According to USDA experts, in 2025/26 MY, global rapeseed production will increase by 5.2% compared to the current season to 89.56 million tons and will almost reach the level of 2023/4 MY (89.9 million tons), in particular in the EU - by 2.29 million tons to 19.15 (20.45 in 2023/24 MY) million tons, in Canada - by 0.7 to 19.5 (19.2) million tons, in India - by 0.5 to 12 (11.52) million tons, in the Russian Federation - by 0.65 to 5.3 (4.2) million tons, in Australia - by 0.21 to 6.15 (6.05)...

July soybean futures in Chicago rose to a 3-month high of $397.9/t (+4.1% for the week) on Tuesday after the introduction of a bill to extend the US biofuel tax credit until December 2031, which will stimulate domestic demand for soybeans.   Prices were also supported by an agreement between the US and China to temporarily reduce mutual tariffs, and Trump's statement about his possible meeting with Xi Jinping to sign a trade agreement.   But consulting company...