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Brazil has increased its soybean oil exports this season by 47% year-on-year to a two-decade high, thanks to a record soybean harvest, high processing rates and lower-than-expected domestic demand, leaving the market with a supply glut.   Brazil is the world's largest soybean producer and is currently processing a record crop, but the market has been oversupplied due to a delay in a decision to change mandatory biofuel blending standards. To balance the market, processors are...

The government has changed the mechanism for confirming the right of farmers and agricultural cooperatives to export their own rapeseed and soybeans duty-free, the Ministry of Economy reports.   Now, when exporting their products, producers will undergo verification automatically through the State Agrarian Register (DAR), which will free them from the need to obtain opinions from the Chamber of Commerce and Industry and other bureaucratic procedures.   The Cabinet of...

In recent years, there has been an active redistribution of the global sunflower oil market - the Black Sea region is losing positions due to reduced production and logistical problems, while Argentina is opening new sales markets and increasing supplies to old ones.   According to USDA, Argentina's share in global sunflower oil exports has grown from 7% in 2016/17 MY to 10% in 2024/25 MY, and in 2026/27 MY it may reach 13%. For comparison, the shares of Ukraine and the Russian...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals6100 ↓ 250177Mustard seeds35000Peas1175011300Coriander32000Corn1141997919500 ↓ 15224 ↓ 2214Soybean hulls granulated150Soybean cake340340Sunflower oil...

Starting June 1, Ukrzaliznytsia is changing the rental rates for wagons owned by the Transport Logistics Center branch, the company's website reports.   So, compared to the tariffs in effect in May, from June 1, rental rates will change: wagons – grain carriers – increase from 2660 UAH/day to 3271 UAH/day (excluding VAT), tanks for transporting food products – increased from 1400 UAH/day to 1500 UAH/day, gondola cars - decrease by 100 UAH/day to 1650...

Plans to increase U.S. biodiesel production by 60% by 2026 and limit the use of imported oil for biofuel production continue to push up soybean oil prices in Chicago, with even a drop in oil prices not stopping them from reaching new record highs.   The United States and Iran have reached an agreement to extend a ceasefire for sixty days and begin talks on Iran's nuclear program, but President Trump must approve the terms of the deal. The memorandum of understanding states that...

Heavy rains have been falling across the Midwest this week, especially in the South, improving the condition of soybean and corn crops. Forecasts are calling for dry weather next week, with occasional showers, which should help complete soybean and corn planting and develop the crops.   The Central, Southern and Northern Plains have also received good rainfall this week, which will continue through the weekend and into next week. The rains will not be able to significantly improve...

According to forecasts by the Iraqi Ministry of Agriculture, in 2026 the country will harvest almost 5 million tons of wheat, which will allow it to abandon its imports for the fourth year in a row, Reuters reports. The main condition for a good yield will be favorable weather conditions, since most of the harvest depends on the availability of rainwater and well water, rather than river irrigation.   According to estimates by the country's Ministry of Water Resources,...