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According to Oil World, in Q4 2024, the European Union reduced imports of four main vegetable oils by 14% to 1.38 million tons compared to the same period in 2023, and also reduced domestic production of oil, especially rapeseed and sunflower.   Consumption of rapeseed, palm and sunflower oils also decreased, primarily due to a decrease in biodiesel production, but this was offset by an increase in consumption of soybean oil, whose imports to the EU in 2024 increased by 8% to 660...

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 Peas 13500 Buckwheat 15000 Rye grade II 9600 Coriander ...

In a February report, IGC experts lowered their forecast for global grain production in 2024/25 MY by 4 million tonnes to 2,301 million tonnes (2,309 million tonnes in 2023/24 MY) compared to their January estimates due to a lower-than-expected corn harvest in South America. The forecast for global consumption was also lowered by 1 million tonnes to 2,334 (2,322) million tonnes.   The forecast for carryover stocks has been raised by 3 million tons to a 10-year low of 576 million...

For the fifth season in a row, Ukraine has been reducing exports of high-oleic sunflower oil, and the 2024/25 MY continued this trend.   According to operational data, from September to December of the current season, exports of high-oleic sunflower oil from Ukraine decreased by 52% compared to the previous season to 57 thousand tons, which was the lowest figure in the last 7 years. In addition, the share of high-oleic oil in total sunflower oil exports decreased to 3% compared to...

In the near future, grain markets will be influenced by news of snowfall in the US, which saved crops from severe frosts, and a decrease in precipitation in Brazil, which will allow for an acceleration of soybean harvesting and sowing of a second crop of corn. In Argentina, rains are improving the condition of crops, while in the Black Sea region, a lack of moisture reduces the potential for future harvests.   This week, weather conditions in central Brazil have allowed farmers to...

The ratio of world corn stocks to demand this year will be the lowest in the last 11 years, but if we take into account the stocks actually available on the market, this indicator will reach an almost 30-year low, - reports Reuters.   In China, which is now reducing and then increasing corn imports, its stocks are already 5 times larger than in the US, so they are sometimes not taken into account when calculating the world balance in order to have data on the real volumes available...

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 Peas 13500 Buckwheat 15000 Rye grade II 9600 Coriander 24500 ...

According to forecasts from the Malaysian Meteorological Department, a wave of monsoon will cover the country from February 21 to 25, bringing heavy rains to eastern regions and reducing palm oil production in East Malaysia.   Amid possible production cuts, May palm oil futures on the Bursa exchange rose 3.75% to 4,673 ringgit/t or $1,053/t yesterday, also supported by increased buying ahead of a major industry conference.   On the Chinese exchange in Dalian, the most...