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USDA raises global corn production forecast for 2025/26 to record level, 43.7 million tons above current season
13.05.2025
In the May supply and demand report, USDA experts raised their forecasts for global corn consumption in 2024/25 MY and 2025/26 MY to record levels, so even the expected increase in global production will not lead to an increase in stocks in the new season. Corn prices on the Chicago Board of Trade fell slightly yesterday, but overall remain under pressure from news of a reduction in mutual tariffs between the US and China, which could boost US corn...
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Wheat quotes fall amid improving wheat balance for 2024/25 MY and forecasts of record production in 2025/26 MY
13.05.2025
In the May supply and demand report, USDA experts improved the world wheat balance for 2024/25 MY and presented the first balance for 2025/26 MY, in which they increased the forecast for world wheat production to a record level. Against this background, wheat quotes on US exchanges fell by 1.7-1.8% yesterday, losing 3-9.8% for the month after a decrease of 2.4-3.5% in the previous month. Compared to April estimates , the world wheat balance for the 2024/25 MY has undergone the...
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Purchase prices for grains in Ukraine on May 12, 2025
12.05.2025
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 Corn10894 ↓ 84 9974...
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Oil prices rise amid US-China trade talks
12.05.2025
Oil prices are rising amid trade talks between the US and China, as well as threats from European leaders to impose sanctions against more than 100 oil tankers from the Russian "shadow fleet" if the Russian Federation refuses to accept a ceasefire in Ukraine. During the week, July Brent crude futures rose 4.4% to a 10-day high of $64/barrel, returning to last month's level on hopes of an end to the US-China trade war. Over the weekend, US Treasury...
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China is actively increasing purchases of soybeans from South America
12.05.2025
In recent months, China has significantly increased its soybean imports, mainly from South American countries, Oil World reports. During March-April, soybean shipments from Brazil to China increased by 3.1 million tons compared to the same period last year to a record 21.9 million tons. It is expected that import rates will also remain high in May-June. Only 70 thousand tons of soybeans were delivered from Argentina in April (165 thousand tons last year), but a...
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In Ukraine, 76% of the planned areas have already been sown, and the sowing rates correspond to last year's.
12.05.2025
According to the Ministry of Agrarian Policy of Ukraine, as of May 8, 4.233 million hectares or 76% of the planned area had been sown with spring grain and legume crops in the country, while last year, 4.32 million hectares or 77.1% of the area had been sown on this date. In particular, on the specified date the following were sown: wheat – 212.6 thousand hectares or 93% of the planned area (compared to 244.9 thousand hectares last year), barley – 733.4 thousand...
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Purchase prices for grains in Ukraine on May 9, 2025
09.05.2025
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 offals7500 7000 ↓ 150 280 Mustard seeds 25000 Peas 14800 Rye 12000 Coriander 27000 Corn11004 ↓ 13 10024 10300 10300...
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Rains in Ukraine and Russia weaken speculative support for wheat prices
09.05.2025
This week, powerful atmospheric fronts brought long-awaited precipitation to the territory of Ukraine, which is gradually advancing to the arid southwestern regions of the Russian Federation - the main area for growing winter wheat. According to weather forecasters, rainy and cool weather will last for another 7-8 days, which will contribute to the improvement of the condition of winter wheat crops. In this regard, analysts have already begun to revise pessimistic harvest forecasts...