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The global vegetable oil market remained relatively stable during the week. Palm oil prices on Bursa Malaysia rose 0.2%, supported by the energy market, and soybean oil prices on the Chicago SWOT rose 1.29%.   Sunflower oil prices on FOB Northern Europe remain at $1,467/t, indicating a balance between supply and demand. At the same time, sunflower prices in Ukraine on the basis of CPT parity Odesa (processing) increased from $687 to $696/t against the backdrop of restrained sales by...

After the market realized that China would not increase its purchases of soybeans from the US, soybean prices in Chicago fell 6% yesterday, dragging down quotes for canola in Winnipeg and rapeseed in Paris.   Over the weekend, US Treasury Secretary Bessant met with Chinese counterparts in Paris to prepare for the meeting between Presidents Trump and Xi on March 31. After that, the Chinese side announced that it was ready to buy more US agricultural goods, but did not confirm the...

The news that several oil tankers had passed through the Strait of Hormuz caused a slight drop in oil prices, which stopped when it became known that these were ships from countries that had reached an agreement with Iran. At the same time, the US military never provided a military convoy for the remaining tankers.   Yesterday, Iran allowed 4 tankers (Pakistani, Indian and two Greek) to pass through the strait, while previously it had allowed all Chinese ships to pass through. This...

According to market operators, the Turkish State Food Procurement Agency TMO purchased, as planned, about 280 thousand tons of feed corn from Turkish companies in a tender on March 16, with shipments scheduled for March 25 to April 10, 2026, in batches of 20 - 60 thousand tons.   Of this volume, 150 thousand tons of corn were purchased from customs warehouses in Turkey at a price of $248.75-261/ton on an EXW basis, and another 130 thousand tons were purchased with delivery to 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 FCA, $ CPT terminal, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 250Mustard seeds32500Peas11300200Coriander32000Corn10519 ↑ 268907 ↑ 908600 ↓ 113213214235Soybean hulls granulated150Flax30000Soybean meal350Chick-peas25000Sunflower...

The US and Israel continue air strikes on military targets in Iran, and the US is deploying 2,500-5,000 Marines to the Middle East, which may indicate intentions to conduct a previously unplanned ground operation on Kharq Island, where Iran's main oil export terminals are located. Meanwhile, Iran continues to attack US military bases in neighboring countries, oil terminals and tankers with drones, as well as block oil and liquefied gas exports from the Persian Gulf.   Amid the...

Despite heavy February rainfall, Brazil's soybean harvest in the 2025/26 MY could reach a record level, the National Supply Company (Conab) predicts.   As of March 12, soybeans have been harvested on 51% of the area (61% last year), the total harvest is estimated at 177.8 million tons (which is in line with the February forecast), and exports could reach a record 114.39 million tons. According to Conab estimates, the area sown with all crops, including corn and rice, will grow...

On March 13, the Turkish Grain Agency TMO held an international tender for the purchase of 175,000 tons of feed barley, at which it purchased the planned volume (mainly Russian production) with delivery from March 25 to April 17, Reuters reports.   The following batches of barley were purchased at the tender: 25 thousand tons from Bogazici at $270/ton on the basis of EX-Antrepo Iskenderun, 25 thousand tons in Aston at $274/ton on a C&F Bandırma basis, 25 thousand tons...