News

Yesterday, several bearish USDA reports increased pressure on wheat stock quotes (which fell by 3.9-8.7% last week), but in Ukraine, forecasts of a reduced harvest led to a slight increase in export prices.   According to USDA reports: - wheat stocks in the US as of June 1 amounted to 23.15 million tons, which exceeded trade forecasts by 1.8% and last year's figure by 4.19 million tons; - wheat plantings in the US amounted to 45.478 million acres, which exceeded trade...

StatCan (Statistics Canada) has released an updated report on the 2025/26 MY crop area, according to which:   Canola: Crop area forecast lowered to 21.46 million acres : 0.9% less than the March estimate, 2.5% less than in 2024/25 MY, 1.2% below the 5-year average . The main reasons for the reduction: doubts about conditions on the prairies and trade difficulties. Despite the decrease in area, the forecast for canola production increased to 19.2...

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 remain under pressure from news about the progress of the harvest and initial yield estimates, but overall the weather is still favorable for the development of early crops. Canola prices continued to decline and put pressure on rapeseed prices in Europe amid renewed escalation of trade relations between the US and Canada. In Ukraine,...

On Friday, President Trump announced the immediate end of all trade negotiations with Canada and threatened new tariffs after Canada announced a 3% digital income tax on American technology companies.   This added pressure to Canadian canola futures, which fell 2% on the day and 8.9% on the week.   Canada's finance ministry later announced the repeal of a digital services tax that was aimed at American technology companies in order to advance trade talks with the US...

According to the Ministry of Agrarian Policy, as of June 26, 188.1 thousand tons of grain and leguminous crops were harvested in Ukraine from 74.3 thousand hectares with an average yield of 2.53 tons/ha, while last year, as of June 27, 721.4 thousand tons were threshed from 209.8 thousand hectares with an average yield of 3.44 tons/ha.   Currently collected: barley – from 55.4 thousand hectares 151.6 thousand tons with a yield of 2.74 tons/hectare, wheat – from...

Thanks to good rainfall in Romania and Spain, the European Commission has increased the forecast for EU soft wheat production in the 2025/26 MY from 126.6 to 128.2 million tonnes compared to May estimates, which will be 15% higher than last year's harvest, which was affected by excessive rains.   For France, the soft wheat production forecast has been increased by 0.53 million tons to 32.55 million tons, but a dry spell in June may lead to an adjustment in...

The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF IGS raised its forecast for global grain production, in particular wheat harvest - to a record 808 million tons and corn - to 1,276 million tons, and also increased the estimate of ending stocks in the 2025/26 MY. In Ukraine, barley export prices continue to rise, but they are limited by declining prices for feed grains and meals. New plans by...

The Verkhovna Rada will return to considering the "soybean-rape" amendments as part of draft law No. 13157, which is being prepared for the second reading , according to  https://latifundist.com/. The document also includes other previously unadopted tax initiatives, in particular, an amendment regarding the payment of patronage dividends in agricultural cooperatives.   "Bill 13157 is quite complex, it includes soybean amendments, patronage dividends, water...