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The EU rapeseed and Canadian canola markets remain uncertain about supply and demand in the second half of the 2024/25 MY, leading to speculative price spikes in near-term futures. An increase in the soybean surplus in the short term will further increase the pressure on quotes.   May rapeseed futures on the Paris exchange rose 1.1% on Thursday, but fell 1.1% on Friday after Donald Trump's controversial statements on the timing of tariffs on Canadian goods, but overall for the...

Measures taken by the Turkish authorities to reduce excess wheat volumes have significantly reduced ending grain stocks, which may lead to increased wheat imports in the second half of the 2024/25 MY.   According to the forecast of the Foreign Agricultural Service (FAS) of the United States Department of Agriculture, due to dry weather in most regions, wheat production in Turkey in the 2024/25 MY will decrease by 2 million tons compared to the previous season to 19 million tons, and...

Here is a review of the Ukrainian market for February 24 - March 2 from analysts at Spike Brokers. Ukraine According to estimates by the Ministry of Agrarian Policy of Ukraine, in 2025, the area sown with soybeans may decrease by 10–15%, and sunflower by 5% due to an increase in the area under corn.   During February 1-26, Ukraine exported 1.99 million tons of corn, 1.051 million tons of wheat, 56.9 thousand tons of barley, 361.8 thousand tons of soybeans, 28.1 thousand...

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 ↑ 150 Mustard seeds 25000 26000 Peas 13000 Buckwheat 13500 Coriander 24500 Corn 10283 9350 ...

After two days of gains, Malaysian palm oil futures fell on expectations of a recovery in production and a reduction in exports, as well as under pressure from lower prices for competing oils. Adding to the uncertainty in the markets is Trump's announcement that he will impose tariffs on Canadian goods, including canola oil, from March 4, forcing sellers to look for new markets.   April palm oil futures on the Bursa exchange fell 2.2% yesterday to 4,511 ringgit/t or $1,016/t...

President Trump changed his statements on the timing of the tariffs, and the USDA released its first forecast of sowing areas for 2025, after which wheat and corn prices fell by 2.2-3.6% and completely lost the speculative increase of the last month, caused by adverse weather in the US and South America in February.   Yesterday, Trump said he was wrong and tariffs on Mexico, Canada and China will take effect on March 4, while other tariffs will be imposed in April.   At...

Favorable weather conditions in South America continue to pressure soybean and corn prices, while drought in Ukraine keeps prices for the upcoming harvest high.   Argentina has been experiencing heavy rains for the second week in a row, improving the condition of crops and stabilizing the situation, although this cannot improve the harvest potential. A new wave of precipitation is expected across the country next week.   In Brazil, dry and warm weather over the past two...

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 6250 Mustard seeds 25000 26000 Peas 13000 Buckwheat 13500 Coriander 24500 Corn 10283 9350 9450 ...