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Trump's imposition of tariffs on goods from Canada, Mexico, and China, as well as threats to impose tariffs on goods from the EU, led to a fall in the US stock market and oil and vegetable oil prices due to increased risks of a slowdown in the US and global economies.   May Brent crude futures fell 2.1% to $71/barrel in the week and lost 6.3% in two weeks on expectations of a decline in global demand due to a global economic slowdown and disruptions to supply chains. Prices are...

The introduction of reciprocal tariffs between the US and China has predictably led to a collapse in soybean prices on the Chicago Board of Trade and an increase in prices in China. At the same time, purchase prices in Ukraine are declining amid low export demand for soybeans and soybean meal.   In response to the US imposing a 20% tariff on Chinese goods, China has suspended agricultural imports for three US export companies and has also imposed a 10% tariff on soybean imports from...

In response to US President D. Trump's increase in import duties on Chinese goods from 10% to 20% (added to the previously established 20%), China will impose tariffs on US products from March 10, 2025, in particular 15% on chicken, wheat and corn, and 10% on soybeans, pork, beef, fruits, vegetables and dairy products.   China has halted imports from three U.S. exporters after imposing new restrictions. According to Barchart, the U.S. still has 1.569 million tons of soybeans...

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 Coriander 24500 Corn 10285 9601 9500 ...

US President Donald Trump has increased tariffs on Chinese goods from 10% to 20%, citing “the failure of the Chinese authorities to take action to reduce the continued flow of synthetic opioids, including fentanyl.” He also announced the introduction of a 25% tariff on Canadian and Mexican goods starting March 4 and the introduction of tariffs on all imported agricultural products starting April 2.   “Big farmers need to produce more agricultural products to sell...

The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), part of the country's Department of Agriculture, has raised its 2024/25 wheat production forecast by 6.9%, barley by 14% and canola by 5.4% compared to its December estimates, while the forecast for winter crop production in Western Australia and New South Wales has been increased by 19% and 6% respectively.   Forecasts of increased production in Australia, the world's fourth-largest wheat...

Global production of biodiesel and hydrotreated vegetable oils (HVO) will decrease this year due to a significant decline in the sector's profitability, says Thomas Mielke, CEO of ISTA Mielke GmbH (Oil World, Germany).   The prices of raw materials – palm, soybean and rapeseed oil – are increasing faster than the prices of diesel fuel, and between September and December 2024 the price difference between raw materials and diesel fuel became too large, reducing the...

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 Coriander 24500 Corn 10244 9357 ↑ 7 9500...