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Starting June 6, 2025, the European Union will significantly increase import duties on Ukrainian agricultural products and terminate special trade privileges that allowed most Ukrainian goods to be supplied to the EU duty-free, the Financial Times reports.   This decision was made under pressure from Poland and France, where farmers complained about lower prices due to Ukrainian imports.   Although the EU and Ukraine have a free trade agreement, special measures were...

Rice prices fell to their lowest level since November 2020 at $12 per 100 pounds on forecasts of increased global supply.   According to the USDA's May forecast, in the 2025/26 MY, global rice production will reach a record 538.7 million tons, primarily due to increased production in India, Bangladesh, and China.   India is set to harvest a record rice crop for the tenth consecutive year, although reduced plantings could reduce production.   Global rice...

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 ↓ 250 180 Mustard seeds 25000 Peas 14800 Rye 12000 Coriander 27000 Corn10863 ↓ 6 9974 ...

In the May report, USDA FAS experts presented the first global oilseed balance for the 2025/26 MY, in which they forecast an increase in global oilseed production compared to the previous season by 2.2% from 677.16 to 692 million tons, which will exceed the 2023/24 MY figure by 5.2%.   Global soybean production is expected to increase by 6 million tonnes to 426.8 million tonnes, driven by a good harvest in Brazil, sunflower by 4 million tonnes to 56.2 million tonnes amid recovery in...

The seasonal increase in sunflower oil supplies from Argentina and the Russian Federation is putting pressure on the prices of Ukrainian sunflower oil, which has led to a decrease in purchase prices for sunflower.   Argentina harvested a record 4.7 million tons of sunflower this year, so Indian buyers have increased their imports of Argentine sunflower oil. At the same time, Russian oil has also started to fall in price amid a decrease in export duties and sunflower prices in the...

Over the weekend in Switzerland, representatives of the United States and China agreed to reduce tariffs by China on American goods to 10% and by the United States on Chinese goods to 30%, which added optimism to markets that were expecting a global recession and a collapse in world trade.   July Brent crude futures rose 7.3% to $66.6/barrel (+4% month-on-month) on expectations of a recovery in oil demand following improved relations between the US and China.   Following...

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 ↓ 250 180 Mustard seeds 25000 Peas 14800 Rye 12000 Coriander 27000 Corn10881 9974 10125...

In its May supply and demand report, USDA experts presented the first global soybean balance for the 2025/26 MY, according to which global soybean stocks, production and consumption will increase in the new season. However, soybean quotes in Chicago rose by 1.8-2.6% yesterday against the backdrop of de-escalation of trade relations between the US and China and a reduction in the US crop forecast.   Compared to the April estimates , the world soybean balance for the 2024/25 MY is...