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MARS predicts EU wheat yields will be 8% higher than in 2024
26.03.2025
The EU Harvest Monitoring Service (MARS) predicts that in 2025, the yield of common wheat in the EU will increase by 8% compared to last year to 6 t/ha, which is 4% higher than the 5-year average. Durum wheat yield will increase by 4% to 3.7 t/ha, which is 8% higher than the 5-year average. In early spring, the condition of winter crops in most of the EU was good, and the number of regions where crops were affected by adverse weather conditions decreased compared to last year....
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Mexico bans cultivation of genetically modified corn
26.03.2025
The Mexican Congress has approved a constitutional reform that bans the cultivation of genetically modified corn in the country, Feedlot reports. The bill, initiated by President Claudia Sheinbaum amid trade tensions with the United States, received approval from the lower house of parliament and support from the Senate (97 votes in favor, 16 against). To enter into force, the document must be ratified by the legislatures of at least 17 of the 32 Mexican states, which are currently dominated by...
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Purchase prices for grains in Ukraine on March 25, 2025
25.03.2025
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 CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 6600 Mustard seeds 25000 Peas 13500 Coriander 27000 Corn 10439 9588 ↓ 25 9600 ↑ 200 9586 224 205 216 ...
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India's lifting of rice export restrictions has sent rice prices plummeting
25.03.2025
After India lifted the last of its existing rice export restrictions, prices for benchmark white Thai rice fell to $405/t, from $669/t in January 2024, the Financial Times reports. Falling rice prices will increase pressure on food wheat prices, the global production of which could reach a record level in the new season. The lifting of restrictions on rice exports will allow India to increase its agricultural and food exports to boost farmers' incomes amid a...
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Wheat prices fall amid increased rainfall in the US, Ukraine and the Russian Federation, which increases pressure on prices in Ukraine
25.03.2025
Wheat prices on world exchanges started the week down 1.8-2.2% amid increased precipitation in winter wheat growing areas in the US, Ukraine and the Russian Federation, as well as forecasts of more precipitation in the coming week. In total, prices fell by 4.3-7.1% in two weeks, which increased pressure on export prices in Ukraine, which began to fall after a week of rapid growth. Over the past week, the number of winter wheat crops in good or excellent condition in Kansas...
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Soybean prices await harvest results in South America and new US tariffs
25.03.2025
Soybean prices have remained stable for three weeks now, awaiting the completion of the harvest in South America, forecasts of planting areas in the US, and new US tariffs that will take effect next week. In Ukraine, soybean export prices also remain unchanged against the backdrop of limited supply and low demand. May soybean futures on the Chicago Board of Trade have been trading at $370/t for three weeks (-4.2% month-on-month). U.S. soybean exports to China have increased...
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Purchase prices for grains in Ukraine on March 24, 2025
24.03.2025
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 CPT terminal, $ DAF, $ CIF, $ Wheat mill offals 6600 Mustard seeds 25000 Peas 13500 Coriander 27000 Corn 10439 9591 9400 9586 ↑ 55 224 205 216 Flax ...
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Rainfall forecasts in the US, Argentina, Brazil and Ukraine reduce speculative impact on wheat and corn prices
24.03.2025
The market expects that the rainfall forecast in the US, Argentina, Brazil and Ukraine will improve the condition of crops, which will accelerate sales of the old crop and reduce the speculative impact on wheat and corn prices. Rising temperatures in Ukraine have resumed winter vegetation and allowed the sowing of early spring crops to begin. As of March 20, 4% of the planned area (5.764 million hectares) or 250.4 thousand hectares had been sown with grain and leguminous crops,...