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New crop corn futures started the week lower amid fairly positive weather forecasts and conditions for corn planting in South America, the US, and Europe.   A sharp decline in new crop wheat quotes by 1.7-2.8% is also putting pressure on corn prices, with December futures in Chicago falling 1% to $175.6/t yesterday and trading $6/t cheaper than the old crop.   According to the USDA's weekly report, as of May 25, 87% of the planned area in the US has been sown with...

The EU's Crop Monitoring Service (MARS) in a May report raised its forecast for EU cereal yields in 2025 due to favorable precipitation in southern Europe and a minor impact on crops from drought in the north of the region.   Compared to April estimates, the yield forecast for soft wheat has been increased from 6.03 to 6.04 t/ha, durum from 3.69 to 3.77 t/ha, and winter barley from 5.18 to 5.28 t/ha. At the same time, the yield forecast for corn has been left at 7.45 t/ha, and...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF   Favorable weather in Brazil increases the potential of the corn crop, and improving weather in Argentina allows the corn and soybean harvest to be completed and winter wheat planting to begin. Together with excellent planting conditions in the US, Ukraine and the EU, this increases pressure on new crop prices and sharply reduces...

In Ukraine, in the last months of the season, there is a sharp decline in export demand for expensive corn and wheat against the backdrop of declining world prices following the fall in prices for feed grain and meal in South America.   Export rates declined in April and May due to declining inventories and falling export prices.   Over the 26 days of May, corn exports from Ukraine decreased compared to the corresponding period last year by 2 times from 3.34 to 1.69...

The US administration continues its tariff wars with other countries, creating problems for traders and US grain elevators. Uncertainty over tariffs on major trading partners, including China, has sharply reduced export sales of the new crop. Many countries have reduced advance orders and switched to spot purchases, making things difficult for elevators and traders who rely heavily on export demand.   According to a new analysis from CoBank Knowledge Exchange, continued uncertainty...

According to the Egyptian Ministry of Agriculture, wheat in the country has been harvested on 98% of the planned area or 1.26 million hectares, and the total harvest could amount to 10 million tons. Moreover, 3.2 million tons of new harvest wheat have already been purchased on the domestic market for the state reserve.   The Egyptian authorities have issued the necessary directives to facilitate the supply process, provide technical support to farmers, minimize post-harvest losses,...

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 6500 ↓ 500 Mustard seeds 25000 Peas 260 Coriander 27000 Corn10656 9815 10200 9300 ↓ 693 227 225 ↓ 5...

The Midwest and Plains regions of the United States received heavy rainfall last week, which helped with planting, crop development, and soil moisture accumulation. Excessive soil moisture is delaying planting in some areas, but overall planting rates are higher than last year. Cool temperatures in these areas are also helping with normal spring crop development.   Several cyclones will bring showers and scattered rain to the region early in the week, but temperatures will rise and...