News

South Korean company Nonghyup Feed Inc. (NOFI) purchased 136,000 tons of feed corn at a tender, Reuters reports.   The following lots were purchased at the tender: 68 thousand tons from Mitsui, one part at a price of $269.94/ton C&F, the other part at the price of the September SWOT contract + $2.1368/bushel, with a surcharge for unloading at the port of $1.75/ton and delivery by September 11, 68 thousand tons from Cargill, one part at a price of $269.88/ton C&F, the...

In March, Canada increased canola exports to a 17-month high of 1 million tons, of which 369,000 tons were sent to China, which was the highest figure for this direction in the last 11 months, Oil World reports.   Overall, in the first quarter of 2026, the country increased its canola exports by 10% compared to the same period last year to 2.6 million tons. In April, 0.9-1 million tons of canola were exported, most of which was also purchased by China. As part of the trade agreement...

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 offals6100 ↓ 250Mustard seeds35000Peas115009300Buckwheat38000Coriander32000Corn1109596929200 ↑ 100223217Soybean hulls granulated150Flax30000Soybean cake345Sunflower oil...

In 2025, biodiesel consumption in Germany increased by 12% compared to the previous year to 2.2 million tons, with a monthly consumption record of almost 215 thousand tons set in February. At the same time, the use of the additive HVO (hydrogen-treated oil) in blends decreased by 17%, as refiners preferred to meet environmental quotas through cheaper biodiesel within the framework of the B7 standard fuel, according to the German Oilseed and Grain Promotion Union (UFOP).   Despite the...

Increased demand for corn from Turkey in April led to an increase in purchase prices in Ukraine to $230/t delivered to the port, which was the maximum figure this season, although it is significantly lower than the level of last season when prices were $245/t. We also recall that in August last year, a short-term demand for 5,000 tons of corn led to a price jump to $265/t.   The fall in oil prices slightly reduced corn quotes , as a result of which prices in Ukraine also fell at the...

Ethiopia has become the largest wheat producer in Africa for the first time in history, harvesting a record 33 million tons of grain.   A few years ago, the country actively imported wheat, but government programs to stimulate summer and seasonal production have radically changed the situation.   This season, the area under wheat increased to 8 million hectares, and increased agricultural production efficiency allowed harvesting 33 million tons of grain from them, which...

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 offals6100 ↓ 250Mustard seeds35000Peas11500Buckwheat38000Rye7500Coriander32000Corn11095 ↑ 1996928600 ↓ 445223217Soybean hulls granulated150Flax30000Soybean cake345Oats10500Rape-seed...

The global vegetable oil market underwent significant changes in May 2026, as India, the world's largest importer of oils, radically changed its purchasing structure. Due to gas shortages and rising gas prices, the country reduced palm oil imports in April by 27% compared to March to an annual low of 505 thousand tons, while doubling sunflower oil imports to a 22-month high of 435 thousand tons.   Indian traders are buying sunflower oil as a reserve because its processing margin...