News

The Australian Bureau of Agricultural Economics and Resources (ABARES) released its first winter crop forecasts for the 2026/27 MY in a June report. Winter crop production is expected to decline by 21% to 54.5 million tonnes compared to the previous season due to uneven summer and autumn rainfall and a possible winter drought.   In particular, wheat production will decrease by 26% to 26.7 million tonnes (which will be 23% below the 5-year average) due to a 12% reduction in sowing...

At the end of the marketing year, agricultural exports from Ukraine usually decline, and the current season is no exception, although the country still has significant volumes of products intended for export, primarily grain crops.   In May, exports of goods decreased compared to April: grain crops – by 12% to 3.6 million tons (of which 65% is corn, 34% is wheat, 1% is barley), vegetable oils – by 8% to 463.4 thousand tons (sunflower 85%, soybean 9%, rapeseed...

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 ↓ 250177Mustard seeds35000Peas11300Coriander32000Corn1140098379500 ↓ 20225214Soybean hulls granulated150Soybean cake340340Chick-peas2400Sunflower oil13001150Wheat grade...

August Brent crude futures closed at a 5-week low of $91/barrel on Friday, losing 9.9% for the week under pressure from news of progress in negotiations between the US and Iran, but this morning at the opening of trading on Asian markets, quotes rose again on information about the resignation of the Iranian president and a possible breakdown of the agreements.   The previously agreed agreement provided for a 60-day cessation of hostilities, free passage of ships through the Strait of...

Brazil has increased its soybean oil exports this season by 47% year-on-year to a two-decade high, thanks to a record soybean harvest, high processing rates and lower-than-expected domestic demand, leaving the market with a supply glut.   Brazil is the world's largest soybean producer and is currently processing a record crop, but the market has been oversupplied due to a delay in a decision to change mandatory biofuel blending standards. To balance the market, processors are...

The government has changed the mechanism for confirming the right of farmers and agricultural cooperatives to export their own rapeseed and soybeans duty-free, the Ministry of Economy reports.   Now, when exporting their products, producers will undergo verification automatically through the State Agrarian Register (DAR), which will free them from the need to obtain opinions from the Chamber of Commerce and Industry and other bureaucratic procedures.   The Cabinet of...

In recent years, there has been an active redistribution of the global sunflower oil market - the Black Sea region is losing positions due to reduced production and logistical problems, while Argentina is opening new sales markets and increasing supplies to old ones.   According to USDA, Argentina's share in global sunflower oil exports has grown from 7% in 2016/17 MY to 10% in 2024/25 MY, and in 2026/27 MY it may reach 13%. For comparison, the shares of Ukraine and the Russian...

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 ↓ 250177Mustard seeds35000Peas1175011300Coriander32000Corn1141997919500 ↓ 15224 ↓ 2214Soybean hulls granulated150Soybean cake340340Sunflower oil...