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Iran has struck Iran's gas infrastructure for the first time, hitting a location where 80% of the country's electricity is generated from gas.   In response, Iran declared its readiness to attack the oil and gas infrastructure of Saudi Arabia, Qatar, and the UAE, and struck the world's largest LNG complex in Qatar, where a fire broke out due to severe damage.   The war in the Middle East continues, despite Trump's claims that the US has already defeated...

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 seeds35000 ↑ 2500Peas11500200Coriander32000Corn10356 ↓ 19189078600 ↓ 113213214235Soybean hulls granulated150Soybean meal19000350Sunflower...

In an international tender on March 17, Jordan purchased 60,000 tons of milling wheat of any origin from CHS for delivery in the first half of June at a price of $277.50/ton C&F.   At the same time, the country announced a new tender for the purchase of 120,000 tons of wheat for delivery in June-July, with bids being accepted until March 24.   In addition, a tender for the purchase of 120,000 tons of feed barley will be completed on Wednesday.   Despite the...

Experts from the UN World Food Program (WFP) in a report released on Tuesday predict that tens of millions of people will experience severe hunger if the war in Iran continues until June, Reuters reports.   The US and Israeli strikes on Iran, which began on February 26, have blocked the main routes for delivering humanitarian aid and food supplies to some areas with humanitarian crises.   According to WFP estimates, as a result of rising oil and food prices, about 45...

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 seeds32500Peas11300200Coriander32000Corn10547 ↑ 1589078600 ↓ 113213214235Soybean hulls granulated150Flax30000Soybean meal19000350Sunflower...

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...