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The sharp 14% increase in oil prices over the past week continues to support biofuel demand and rapeseed prices.   In addition, in Germany, the Bundestag on April 24 adopted legislative amendments to the RED III directive, which set new increased targets for the use of biofuels and abolished double counting of biofuels, which will allow for an increase in real demand for physical biofuels from January 1, 2026. This should clear the market of fraud and support prices for real volumes...

As the May wheat futures expiration date approaches (mid-May), traders are increasingly shifting to trading the new wheat crop, so July futures continue to rise in price, especially against the backdrop of adverse weather and forecasts of a reduced harvest in the US.   According to the USDA's crop condition report, the U.S. crop condition remained at 30% good or excellent for the week (49% last year), despite the rains in the Midwest. However, the U.S. spring wheat planted area...

Last week, the General Authority for Food Security of Saudi Arabia (GFSA) purchased 985,000 tons of food wheat for delivery in July-August 2026 at an international tender (where it was planned to buy 710,000 tons) at an average price of $276.93/ton C&F, which is slightly higher than the price of the previous March tender, where wheat for delivery in July was purchased at a price of $270.5/ton C&F Jeddah port.   The tender offered wheat grown in the EU, the Black Sea region,...

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 FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 250Mustard seeds35000Peas11500Buckwheat19500Rye120007500Coriander32000Corn1070391428600 ↓ 339217211267Flax30000Soybean meal1950018000Sunflower...

In their April report, IGC experts increased the forecast for global grain production in 2025/26 MY by 4 million tons compared to March estimates to a record 2.474 billion tons (2.329 billion tons in 2024/25 MY), primarily due to an increase in the corn harvest in Argentina.   The consumption forecast has been reduced by 1 million tonnes to 2.422 (2.351) billion tonnes, as the decrease in wheat consumption in India will only be partially offset by an increase in corn consumption for...

The State Statistics Service of Ukraine published the final data on the 2025/26 MY harvest, according to which the total gross harvest of grain and leguminous crops increased by 8.2% compared to the previous season to 61.04 million tons, the harvested area increased by 4.4% to 11.62 million hectares, and the yield increased by 3.6% to 52.5 centners/hectare. At the same time, the total production of leguminous crops increased by 38.1% to 824 thousand tons.   Thus, compared to last...

The Tunisian Grain Agency (ODC) purchased 25,000 tons of feed barley of any origin from Ameropa at a tender on April 24 at a price of $265.45/ton C&F, Reuters reports.   According to the terms of the tender, this volume must be delivered in one batch from May 25 to June 5 in the case of delivery from the Mediterranean, Black Sea or Eastern Europe countries, May 20-30 from Western Europe countries, May 15-25 from the USA, Brazil or Argentina.   The indicated purchase...

The Ministry of Economy, Environment and Agriculture of Ukraine has prepared a resolution that regulates the issue of carryover residues, as well as changes the process of monitoring the origin of soybeans and rapeseed during export, making it more transparent and predictable. It also provides for the exchange of information with the State Agrarian Register and verification of data specified in the conclusions of the Chamber of Commerce and Industry of Ukraine.   The issue of...