-
Trump postponed tariffs on Mexico and Canada, but announced a 25% tax on goods from the EU
27.02.2025
Global markets remain under pressure from uncertainty over the introduction of import tariffs on goods from Mexico and Canada into the US. At the same time, on February 26, during the first meeting of the Cabinet, Donald Trump announced that he would impose a 25% tariff on all European goods. Trump's main statements: "We have made a decision and will announce it soon. It will be 25%, and it will apply to cars and other products," the US president said. "The...
-
Sea freight remains affordable, but demand from South America could change the situation
27.02.2025
The maritime transportation market in Ukraine is stable, but the struggle continues between shippers, who insist on reducing rates, and shipowners, who consider tariffs to be minimal, experts from Spike Brokers said. Current freight rates Port of Izmail : Romania – 8-9 €/t (1-3 thousand tons) Italy (east) – $26-28/t (5-7 thousand tons) Port of Chornomorsk : Italy (east) – $15-16/t (30-35 thousand tons) Spain (east) –...
-
Soybean Prices in Ukraine Remain Under Pressure Due to Declining Export Demand
27.02.2025
Improved weather conditions in Argentina and dry weather in Brazil have reduced speculative pressure on the soybean market, leading to a sharp drop in export demand for Ukrainian soybeans. Price Dynamics in Ukraine GMO soybeans: Export prices dropped by $2-5/t over the week to $385-388/t (18,000–18,200 UAH/t) with delivery to Black Sea ports. The decline is driven by a reduction in the number of exporters and weak competition amid growing supply. Non-GMO...
-
Purchase prices for grains in Ukraine on February 26, 2025
26.02.2025
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 6250 Mustard seeds 25000 26000 Peas 13500 Buckwheat 15000 Coriander 24500 Corn 10283...
-
Heavy rains improve soybean and corn crop prospects in Argentina
26.02.2025
The heavy rains that have hit most of Argentina's agricultural regions will continue for several more days and could improve the prospects for the soybean and corn harvest, the Rosario Grain Exchange reports. The country has received more than 100 mm (3.9 inches) of rainfall in a few days, helping crops recover after drought and abnormal heat in January and February. Argentina is a major global grain exporter, and exports of wheat, corn, and soybean products are...
-
US stock markets and oil prices accelerated their decline amid the policies of the new administration and a worsening outlook for the US economy.
26.02.2025
Market hopes that the new US administration would quickly "make America great again" have been dashed in a month, which, against the backdrop of possible problems in the economy, led to a sharp drop in the Conference Board consumer confidence index on Tuesday by 7 points to an 8-month low of 98.3 points (with expectations of a drop to 102.5 points), which was the biggest drop in 2.5 years and the third consecutive monthly decline. During the week, the S&P 500 ($SPX)...
-
Analysts predict a decline in pork consumption and prices in China, which will reduce the potential for feed grain imports
26.02.2025
According to experts from the Chinese Academy of Agricultural Sciences, the development of pig farming in China, driven by significant demand, has led to an oversupply and a collapse in prices during the period of economic difficulties in recent years. The country's average annual pork consumption in 2023-24 decreased from 43 kg to 40.8 kg per capita amid the promotion of healthy eating, demographic changes, and a drop in beef and lamb prices to the lowest level since 2020. An...
-
Drought lowers grain harvest forecasts in North African countries, keeping new crop prices high
26.02.2025
According to estimates by the European MARS Agency, despite the normal state of winter crop sowing in the EU, due to a significant moisture deficit in North African countries, since November 2024, quotes for the future wheat harvest on the Paris stock exchange remain higher than for the 2024 harvest. The degree of drought is increasing from west to east - from Tunisia to Morocco. While in Morocco and Algeria, yield losses are already irreversible, in eastern Algeria and Tunisia,...