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After the US imposed a 25% tariff on Canadian goods, China also announced the introduction of a 100% tariff on canola oil, meal and peas, as well as a 25% tariff on pork and seafood from Canada, starting March 20, 2025, calling it a response to Canada's introduction in August 2024 of a 100% import tariff on Chinese electric vehicles and a 25% tariff on steel and aluminum.   Canada exports canola oil mainly to the US and canola meal to China, and last year it supplied about $1...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 6400 Mustard seeds 25000 26000 Peas 13000 Buckwheat 12000 White kidney beans 28000 ...

China announced the introduction of import tariffs on Canadian goods from March 20, 2025, including a 100% tariff on canola oil, oilcake and peas and a 25% tariff on pork and seafood, which will be a response to Canada's introduction of import tariffs on Chinese electric vehicles, steel and aluminum in August 2024. The Customs Tariff Committee of the State Council of China explained that the new restrictions are intended to balance the trade balance and protect the country's domestic...

In February 2025, the average value of the FAO Food Price Index increased by 1.6% or 2 points compared to January to 127.1 points, which was 8.2% higher than the February 2024 figure, but 20.7% or 33.1 points lower than the record figure of March 2022. The price indices for sugar, dairy products and vegetable oils increased the most, while the meat price index remained stable.     The FAO Cereal Price Index rose 0.7% from January to 112.6 points, down 1.1% from February...

In the 2024/25 MY (as of March 1), Ukraine reduced its sunflower oil exports compared to the same period last season by 24% to 2.4 million tons, which was the lowest figure for this period since the 2016/17 MY.   The main buyers of Ukrainian oil remained EU countries, accounting for 54% of total exports. For the first time in the last three seasons, India became the leader among importers of domestic sunflower oil, purchasing 417 thousand tons, which is five times higher than the...

Heavy rains in Argentina in recent weeks have not only improved the outlook for soybean and corn crops, but have also delayed the sunflower harvest and caused flooding in some regions. In the north of the country, rainfall was low and temperatures exceeded 30 degrees Celsius, increasing stress on crops. Next week, a front will bring cooler and drier conditions to Argentina, while in southern and eastern Brazil, rainfall intensity will increase.   The central regions of Brazil and the...

China has raised its grain production target for 2025 to 700 million tonnes and increased its reserve budget by 6.1% to $18.12 billion to ensure food security amid rising tensions with trading partners, and allocated $7.04 billion for insurance premiums for farmers, CNBC reported. Beijing also plans to increase support for the meat and dairy sectors, which have been struggling with overproduction.   In 2024, the country planned to harvest 650 million tons of grain, but the actual...

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 6400 Mustard seeds 25000 26000 Peas 13000 Buckwheat 12000 White kidney beans 28000 Coriander 24500 ...