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According to experts from the Food and Agriculture Organization of the United Nations (FAO), in the 2024/25 MY, world grain production decreased by 0.1% compared to the previous season to 2,853 million tons, primarily due to a reduction in the production of feed crops, especially corn, although rice and wheat production increased slightly.   At the same time, global grain consumption increased by 1.2% to 2,875 million tons due to increased consumption of rice and feed grains (mainly...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Barley prices in Ukraine remain unchanged, but in the future they will receive support due to increasing demand against the backdrop of the sale of 500-700 thousand tons of barley to China. Rapeseed prices in hryvnia are falling due to traders' fears that the Ukrainian government will impose a 10% duty on rapeseed and soybeans as early as July...

On July 15, the Verkhovna Rada may return to considering the "soybean-rape" amendments as part of the bill, which provides for changes to the Tax Code to prevent industrial pollution, which has already led to a sharp decrease in export hryvnia prices for rapeseed in Ukraine.   Let us recall that last week the Verkhovna Rada did not support bill 13157, which contained "soybean-rapeseed" amendments, but the deputies continue to insist on restricting exports under...

After a sharp increase in barley export prices in Ukraine last week, they stabilized and remained at the level of UAH 9,350-9,500/t or $196-200/t with delivery to Black Sea ports this week.   The other day it became known that China contracted about 500-700 thousand tons of feed barley from Ukraine at a price of $240/ton CIF, which minus freight is approximately $200-205/ton FOB Black Sea ports or $190-195/ton CPT port.   Considering that the forecast for the barley...

India's edible oil imports rose 30% in June from May to 1.53 million tonnes, the highest since November, as cheap palm oil imports surged 61% to 953,000 tonnes, the highest since July 2024, on reduced domestic inventories and a discount to competing soybean and sunflower oils, according to preliminary estimates from five dealers. Sunflower oil imports rose 18% from May to 216,000 tonnes, while soybean oil imports fell 9% to 363,000 tonnes.   Increased palm oil imports by India,...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Markets in Ukraine are expecting a massive harvest and more detailed yield data, so prices remain unchanged for now. Global vegetable oil prices have also shifted from pressure from falling oil prices to data on real demand, which remains weak, although demand for cheap palm oil is strengthening somewhat. Analysts continue to raise forecasts...

Oil prices have stabilized, so vegetable oil markets are responding mainly to demand data. Palm and soybean oil prices are rising as India increases imports of cheap oil.   August palm oil futures on the Bursa Malaysia exchange rose 2.4% to MYR 4,062/t or $961/t (-1% in two weeks) on the back of increased demand.   India sharply increased palm oil imports to an 11-month high in June, thanks to falling domestic stocks and a big discount in price compared to soybean and...

US agricultural markets remain under pressure from expectations of a good harvest in the new season and uncertainty over exports to China, which has vowed to limit purchases of US soybeans and corn after Trump imposed steep tariffs. Traders reacted positively to the additional export prospects linked to the Vietnam deal and intensified speculative buying ahead of the long US Independence Day weekend on Friday.   Yesterday, Trump announced a "trade deal" with Vietnam, which...