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During the week, palm and soybean oil quotes fell by 6.7% and 4.5% respectively following a 15% drop in oil prices, which is adding pressure to sunflower oil prices, which have so far refrained from falling.   Prices for sunflower oil delivered to India remained at $1,430-1,435/t CIF Mumbai during the week, and demand prices for Ukrainian sunflower oil were at $1,300-1,310/t for delivery to Black Sea ports.   At the same time, purchase prices for sunflower in Ukraine...

The resumption of negotiations with Iran led to a decline in oil prices (insert link to oil news), and consequently, in palm and soybean oil prices, which increased pressure on sunflower oil prices.   June Brent crude futures fell 15% to $95/barrel in a week (-1% in a month, +35% since the start of the war) and accelerated their decline yesterday on news of the passage of about 20 ships through the Strait of Hormuz.   May futures on the Bursa Malaysia exchange fell 6.7% in...

The closure of the Strait of Hormuz by the US military to ships heading to/from Iran worsened Iran's financial situation, so it decided to return to negotiations with the US.   According to Reuters, representatives of the United States and Iran plan to hold talks in the Pakistani capital this week.   According to The New York Times, in Pakistan, the US offered Iran a compromise formula: freezing nuclear development for 20 years while abandoning the demand for their...

According to the USDA FAS forecast, in the 2026/27 MY, sunflower production in Ukraine will decrease by 15% to 12.8 million tons compared to the previous season, rapeseed production will decrease by 8% to 4 million tons, and soybean production will decrease by 24% to 4.7 million tons.   At the same time, the area under sunflower will increase by 6% to 5.4 million hectares, and under soybeans will decrease by 11% to 1.8 million hectares, but the total area under oilseed crops will be...

Russian wheat prices fell last week amid weaker demand from importers and falling global currencies, while adverse weather slowed exports from Russian ports in the first decade of April.   According to IKAR, prices for May deliveries of Russian wheat fell by 12.5% to $236/t FOB Black Sea. And "SovEkon" reports that during the week prices fell from $238-240/t to $237-239/t. Importers from the Black Sea region are reducing purchases, and Turkey and Egypt are preparing to...

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, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 250Mustard seeds35000Peas1150011117Rye7500Coriander32000Corn106739100213217Soybean hulls granulated150Soybean meal350Sunflower oil cake195Chick-peas25000Oats9000Corn...

During the week, wheat prices fell on all major exchanges under the pressure of the new USDA report, which increased the estimate of wheat stocks. In addition, forecasts of stable production in the EU, Argentina and the Russian Federation form a comfortable balance at the start of the new season. Funds are reducing long positions (-14 thousand contracts on MATIF for the week), which puts pressure on quotes. At the same time, the decrease in geopolitical tensions and the fall in oil prices have...

Traders' main attention is now focused on the weather in the US, where spring crop planting has begun, and in central Brazil, where the potential for a second corn crop is forming.   The Midwest of the United States experienced rain and showers last week, which will continue this week and will delay the sowing of spring crops, but will contribute to the accumulation of moisture and improve the condition of winter crops.   The Central and Southern Plains of the United...