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In its March corn supply and demand report, the USDA sharply lowered its estimate of global beginning stocks in the 2024/25 marketing year, which, combined with an increase in consumption forecasts, led to a decrease in the estimate of ending stocks, even despite the expected increase in production. But corn futures in Chicago fell under pressure from a significant reduction in global export and import forecasts.   Compared to February estimates, the world corn balance for 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 CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 6400 Mustard seeds 25000 26000 Peas 13000 Buckwheat 12000 White kidney beans 28000 ...

Despite the resumption of sugar exports from Ukraine to the EU, domestic prices remain at a low level of 23-24 UAH/kg under the pressure of the dollar's fall against the hryvnia and a new wave of decline in world prices.   Producers are increasing sugar exports, fearing a decline in world prices in the new season due to increased production.   In the first 6 months of the 2024/25 MY, Ukraine exported over 403.5 thousand tons of sugar, 98.4% of which to countries...

US stock indexes fell another 2.1% to 4% on Monday after Trump said he did not rule out a recession in the US economy. The decline began last week amid uncertainty over tariffs on Canada, Mexico and China, some of which were later postponed. Stocks are falling on concerns that tariffs and federal staff cuts will undermine consumer confidence and stall economic growth.   On Monday, major financial indexes fell to a 6-month low, with the Dow Jones Industrial Average (DJIA) down 2.1%,...

A significant reduction in February export estimates in yesterday's report from the Malaysian Palm Oil Board (MPOB) sent quotes down 2.8% after Friday's speculative 3.2% rise.   According to the report, in Malaysia during February: Crude palm oil production fell by 4.16% to a 3-year low of 1.19 million tonnes due to floods that complicated harvesting and transportation of the crop, palm oil exports fell by 16.27% to a 4-year low of 1 million tons, Palm oil stocks...

After the US imposed a 25% tariff on Canadian goods, China also announced the introduction of a 100% tariff on canola oil, meal and peas, as well as a 25% tariff on pork and seafood from Canada, starting March 20, 2025, calling it a response to Canada's introduction in August 2024 of a 100% import tariff on Chinese electric vehicles and a 25% tariff on steel and aluminum.   Canada exports canola oil mainly to the US and canola meal to China, and last year it supplied about $1...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 6400 Mustard seeds 25000 26000 Peas 13000 Buckwheat 12000 White kidney beans 28000 ...

China announced the introduction of import tariffs on Canadian goods from March 20, 2025, including a 100% tariff on canola oil, oilcake and peas and a 25% tariff on pork and seafood, which will be a response to Canada's introduction of import tariffs on Chinese electric vehicles, steel and aluminum in August 2024. The Customs Tariff Committee of the State Council of China explained that the new restrictions are intended to balance the trade balance and protect the country's domestic...