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Corn prices in Ukraine have started to fall, so will farmers have time to sell the grain profitably?
27.03.2025
After Turkey introduced an additional quota for the import of 1 million tons of corn with a 5% duty, export prices for corn in Ukraine reached the maximum level of the season at $230-232/ton. However, under the pressure of falling stock quotes and increasing offers, since Monday corn prices in Ukrainian Black Sea ports have decreased by $2-4/ton to $227-230/ton or UAH 10,600-10,750/ton. Some companies bought corn at elevators at a price of UAH 10,100-10,300/ton EXW, since after the shutdown of...
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Purchase prices for grains in Ukraine on March 26, 2025
26.03.2025
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 6700 Mustard seeds 25000 Peas 13500 Rye grade II 11175 Coriander 27000 Corn 10494 9783 9750 ↑...
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Trump's promise to lift some sanctions on Russia has led to a drop in gas and fertilizer prices, and increased pressure on agricultural prices.
26.03.2025
On March 25, a new round of negotiations between delegations from Ukraine, the United States, and the Russian Federation took place in Saudi Arabia. Representatives of the United States and the Russian Federation agreed to ensure safe navigation, eliminate the use of force, and prevent the use of commercial vessels for military purposes in the Black Sea, which Ukraine also agreed to. All parties also agreed to develop measures to implement the agreement on the prohibition of...
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Canadian farmers could significantly change canola, wheat and barley acreage after China and US impose tariffs
26.03.2025
Canadian farmers are in a difficult situation as tariffs on Canadian peas, canola oil and meal imports to China went into effect on March 20, and the United States could impose a number of tariffs on Canadian goods in two weeks. Uncertainty about export prospects could change canola planting plans, exacerbating the global canola shortage in the new season. In response to Canada's tariffs on Chinese electric vehicles, aluminum, and steel products imposed in October 2024, China...
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Falling Malaysian palm oil prices put pressure on the Ukrainian sunflower oil market
26.03.2025
Malaysian palm oil futures are falling for the third consecutive session, falling to a near 2-month low yesterday amid weak exports and falling prices for competing vegetable oils, which is putting pressure on sunflower oil prices in Ukraine. May CPO palm oil futures on the Bursa Malaysia exchange fell 3% to 4,245 ringgit/t or $975/t on Monday, the lowest level since January 27. Malaysian palm oil exports fell 8.47% in the March 1-25 period from February, according to...
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MARS predicts EU wheat yields will be 8% higher than in 2024
26.03.2025
The EU Harvest Monitoring Service (MARS) predicts that in 2025, the yield of common wheat in the EU will increase by 8% compared to last year to 6 t/ha, which is 4% higher than the 5-year average. Durum wheat yield will increase by 4% to 3.7 t/ha, which is 8% higher than the 5-year average. In early spring, the condition of winter crops in most of the EU was good, and the number of regions where crops were affected by adverse weather conditions decreased compared to last year....
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Mexico bans cultivation of genetically modified corn
26.03.2025
The Mexican Congress has approved a constitutional reform that bans the cultivation of genetically modified corn in the country, Feedlot reports. The bill, initiated by President Claudia Sheinbaum amid trade tensions with the United States, received approval from the lower house of parliament and support from the Senate (97 votes in favor, 16 against). To enter into force, the document must be ratified by the legislatures of at least 17 of the 32 Mexican states, which are currently dominated by...
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Purchase prices for grains in Ukraine on March 25, 2025
25.03.2025
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 6600 Mustard seeds 25000 Peas 13500 Coriander 27000 Corn 10439 9588 ↓ 25 9600 ↑ 200 9586 224 205 216 ...