News

In Ukraine, prices and demand for sunflower from processors remained stable during the week. Precipitation and high rates of sunflower sowing in Ukraine and the Russian Federation will soon lead to an increase in sowing areas and harvest forecasts, which will reduce the demand prices for sunflower oil from the new crop.   For sunflower with an oil content of 50%, processors offer UAH 26,500-27,000/t with delivery to the factory, but there is no competition among buyers, as farmers...

According to the World Bank forecast, published in the new Commodity Markets Outlook, global food prices will decrease by 7% in 2025 compared to the previous year, and by another 1% in 2026.   Thus, in 2025, all three components of the price index will decrease, in particular, for cereals - by 11%, vegetable oils and meals - by 7%, and other food products - by 5%. It is expected that prices for rice will decrease by 29%, for soybeans - by 17%, and for poultry meat - by...

The Indian army launched missile strikes on nine targets in Kashmir, saying it was not targeting the Pakistani army but rather terrorist infrastructure in Pakistan-occupied regions. Analysts had previously warned that if world leaders fail to stop Putin's aggression against Ukraine, other countries will also begin to resolve their territorial claims militarily.   According to Reuters, the shelling killed one person and injured two, and caused power outages in...

Ukraine's agricultural business in 2024 demonstrated growth and reached record levels in key financial indicators, despite the losses caused by the war - destroyed infrastructure, damaged equipment, destroyed elevators and warehouses, - analysts of the VKURSI platform report.   Thus, compared to the previous year, the total revenue of domestic agribusiness in 2024 grew 2.6 times from UAH 920.9 billion to UAH 2.4 trillion, and profit increased five times from UAH 65.8 to UAH 327...

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 Corn11033 ↑ 4 10147 10050 10300...

Wheat prices started the week with a decline due to high sowing rates in the US and forecasts of precipitation in Ukraine and the Russian Federation, where drought has been prevailing for a long time.   According to the Crop Progress report, as of May 4, 44% of the area in the US was sown with spring wheat (34% on average over 5 years), seedlings were obtained on 13% of the area (4% on average), and the number of winter wheat crops in good or excellent condition increased by another...

A drop in oil prices of more than 7% in a week has led to a drop in near-term corn quotes, while good weather conditions in the US, EU and Ukraine are promoting crop development and increasing pressure on new crop prices.   OPEC+ countries decided in June to increase oil production by 411,000 barrels per day to more quickly offset a two-year production cut of 2.2 million barrels per day. Saudi Arabia has threatened to increase production even further to lower oil prices and punish...

According to Oil World (Germany), in the 1st quarter of 2025, Turkey increased its sunflower imports by 4.3 times compared to the same period last year, from 92 thousand tons to a record 396 thousand tons due to a shortage of its own stocks. In particular, sunflower supplies from Romania increased from 21 to 201 thousand tons, from Moldova - from 28 to 168 thousand tons.   Sunflower oil imports to Turkey in the first quarter amounted to 308 thousand tons, of which 211 thousand tons...