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Amid rising oil prices, India's prime minister has urged residents of the world's largest country to conserve energy and reduce oil consumption, which has fueled pessimism among palm oil sellers, whose supplies to India fell by 26% in April, leading to lower prices.   June palm oil futures on Bursa Malaysia fell 3.2% during the week to a two-month low of 4,438 ringgit/t or $1,130/t amid increased production, which led to an increase in inventories in Malaysia for the first...

According to an official report released by the Malaysian Palm Oil Board (MPOB) on May 11, Malaysian palm oil stocks rose for the first time in four months, helped by a seasonal increase in production. Last year, palm oil stocks in the country grew for 10 consecutive months, reaching a 7-year high of 3.05 million tonnes in December.   Palm oil production in Malaysia in April increased by 18.4% compared to March to 1.63 million tons due to favorable weather.   Palm oil...

USDA experts predict that in the 2026/27 MY, grain crop production in Ukraine will decrease slightly.   Thus, a decrease in the yield of the main crops is expected compared to the previous season: wheat – by 1.1 million tons to 23 million tons, corn – by 0.9 million tons to 30 million tons, barley – by 0.3 million tons to 5.3 million tons, oats – by 20 thousand tons to 380 thousand tons.   According to the USDA forecast, barley exports...

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 offals6100 ↓ 250Mustard seeds35000Peas115009400Coriander32000Corn1117596929200 ↑ 100224212Flax30000Sunflower oil cake11200Oats10500Sunflower oil13101150Wheat grade II110159480219Wheat...

In their May report, USDA FAS experts made almost no changes to the world oilseed balance for the 2025/26 MY, and the main focus was on the first harvest estimate for the 2026/27 season.   The forecast for global oilseed production in 2026/27 MY has been increased to a record 718.1 million tons, which will exceed the 2025/26 MY figure by 19.6 million tons (686.65 million tons in 2024/25 MY and 657.5 million tons in 2023/24 MY), in particular soybeans - by 13.9 to 441.54 million tons,...

In the May report, USDA experts improved the world corn balance for the 2025/26 MY and presented the first harvest forecast for the 2026/27 MY, which became quite optimistic for the market. However, corn quotes increased slightly, supported by a sharp increase in wheat prices.   July corn futures in Chicago rose 1% yesterday to $189/t (+8.1% since the April report and +2% year-to-date), while December futures are trading $8.6/t higher.   Compared to April estimates, the...

In the first wheat harvest forecast for the 2026/27 MY, USDA experts greatly surprised the market with pessimistic estimates of the US wheat harvest, which led to a sharp increase in wheat stock quotes.   After the report was released, July wheat futures rose: by 7% to $249.5/t - for SRW wheat in Chicago (+18.2% after the release of the April report and +31.8% for the year), by 6.6% to $268.7/t – for HRW wheat in Kansas City (+23.8%, +44%), by 5.5% to $266/t –...

In Ukraine, strong demand for corn from exporters continues, so prices have risen again to $230/t delivered to the port. In addition, the resumption of oil price growth and forecasts that prices for petroleum products and fertilizers will remain at a high level until the end of the year continue to push up commodity prices.   During the week, export prices for corn in Ukraine remained at 11,350-11,400 UAH/t or $226-230/t with delivery to Black Sea ports, and buyers pay a premium for...