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Amid new tariff wars, the US administration is trying to increase supplies of American agricultural products to India, with the US most interested in exporting soybeans, corn, and cotton.   Recall that the United States is the world's largest exporter of these goods, the total value of exports of which in 2022 amounted to $62 billion.   At the same time, China is the main buyer of American soybeans, cotton and corn, although it reduced soybean imports from $17.9 to...

Demand prices for sunflower oil in Ukraine have started to fall again under the pressure of falling prices for palm and soybean oil, which has led to a decrease in sunflower prices.   Since Monday, demand prices for sunflower oil delivered to Black Sea ports have fallen by $10-15/t to $1,120-1,125/t following a 3% drop in palm oil prices.   Due to the fall in the euro exchange rate against the dollar, demand prices for oil from EU countries dropped to $1,140-1,160/t with...

The US President has announced a 25% tariff on all cars manufactured outside the US, starting on April 2, which Trump has called “Liberation Day”. On the same day, he plans to announce mirror tariffs against the country’s trading partners, and they will apply to all countries, and not just those with the largest trade deficits with the US, as previously reported by the media. Trump promises that “these tariffs will be very soft, and in some cases even lower than the...

After Turkey introduced an additional quota for the import of 1 million tons of corn with a 5% duty, export prices for corn in Ukraine reached the maximum level of the season at $230-232/ton. However, under the pressure of falling stock quotes and increasing offers, since Monday corn prices in Ukrainian Black Sea ports have decreased by $2-4/ton to $227-230/ton or UAH 10,600-10,750/ton. Some companies bought corn at elevators at a price of UAH 10,100-10,300/ton EXW, since after the shutdown of...

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 CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 6700 Mustard seeds 25000 Peas 13500 Rye grade II 11175 Coriander 27000 Corn 10494 9783 9750 ↑...

On March 25, a new round of negotiations between delegations from Ukraine, the United States, and the Russian Federation took place in Saudi Arabia.   Representatives of the United States and the Russian Federation agreed to ensure safe navigation, eliminate the use of force, and prevent the use of commercial vessels for military purposes in the Black Sea, which Ukraine also agreed to. All parties also agreed to develop measures to implement the agreement on the prohibition of...

Canadian farmers are in a difficult situation as tariffs on Canadian peas, canola oil and meal imports to China went into effect on March 20, and the United States could impose a number of tariffs on Canadian goods in two weeks. Uncertainty about export prospects could change canola planting plans, exacerbating the global canola shortage in the new season.   In response to Canada's tariffs on Chinese electric vehicles, aluminum, and steel products imposed in October 2024, China...

Malaysian palm oil futures are falling for the third consecutive session, falling to a near 2-month low yesterday amid weak exports and falling prices for competing vegetable oils, which is putting pressure on sunflower oil prices in Ukraine.   May CPO palm oil futures on the Bursa Malaysia exchange fell 3% to 4,245 ringgit/t or $975/t on Monday, the lowest level since January 27.   Malaysian palm oil exports fell 8.47% in the March 1-25 period from February, according to...