-
FAO Vegetable Oil Price Index rose 2% in February
10.03.2025
In February 2025, the average value of the FAO Food Price Index increased by 1.6% or 2 points compared to January to 127.1 points, which was 8.2% higher than the February 2024 figure, but 20.7% or 33.1 points lower than the record figure of March 2022. The price indices for sugar, dairy products and vegetable oils increased the most, while the meat price index remained stable. The FAO Cereal Price Index rose 0.7% from January to 112.6 points, down 1.1% from February...
-
Ukraine reduced sunflower oil exports by 24% due to high raw material prices and low oil prices
10.03.2025
In the 2024/25 MY (as of March 1), Ukraine reduced its sunflower oil exports compared to the same period last season by 24% to 2.4 million tons, which was the lowest figure for this period since the 2016/17 MY. The main buyers of Ukrainian oil remained EU countries, accounting for 54% of total exports. For the first time in the last three seasons, India became the leader among importers of domestic sunflower oil, purchasing 417 thousand tons, which is five times higher than the...
-
Improving weather conditions in South America are putting pressure on crop prices
10.03.2025
Heavy rains in Argentina in recent weeks have not only improved the outlook for soybean and corn crops, but have also delayed the sunflower harvest and caused flooding in some regions. In the north of the country, rainfall was low and temperatures exceeded 30 degrees Celsius, increasing stress on crops. Next week, a front will bring cooler and drier conditions to Argentina, while in southern and eastern Brazil, rainfall intensity will increase. The central regions of Brazil and the...
-
China plans to harvest record wheat crop in 2025 and increase grain and vegetable oil reserves
07.03.2025
China has raised its grain production target for 2025 to 700 million tonnes and increased its reserve budget by 6.1% to $18.12 billion to ensure food security amid rising tensions with trading partners, and allocated $7.04 billion for insurance premiums for farmers, CNBC reported. Beijing also plans to increase support for the meat and dairy sectors, which have been struggling with overproduction. In 2024, the country planned to harvest 650 million tons of grain, but the actual...
-
Purchase prices for grains in Ukraine on March 7, 2025
07.03.2025
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 6400 Mustard seeds 25000 26000 Peas 13000 Buckwheat 12000 White kidney beans 28000 Coriander 24500 ...
-
Wheat prices surge after Trump postpones tariffs on Canada and Mexico
07.03.2025
After several days of negotiations, President Trump has delayed the imposition of tariffs under the USMCA trade agreement with Mexico and Canada for another month. And Canada has postponed the imposition of tariffs on $125 billion in American goods until April 2. Mr. “Chaos,” as President Trump has now been dubbed, continues his erratic trade policies, which are adding to the turbulence in stock markets. The U.S. stock market has lost about $3.6 trillion in market...
-
China has expanded the list of goods that it can import from Ukraine
07.03.2025
It regulates veterinary, sanitary and phytosanitary requirements for supplies to China of peas and wild-caught aquatic products (fish and seafood caught in natural waters). In recent years, Ukraine has been steadily increasing pea production. In the 2023/24 MY, it amounted to 409 thousand tons, and in the 2024/25 MY it may reach 476 thousand tons. The main buyers of domestic peas are Turkey, India, Italy, Malaysia, the UAE, and China, which is actively increasing...
-
Purchase prices for grains in Ukraine on March 6, 2025
06.03.2025
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 6400 Mustard seeds 25000 26000 Peas 13000 Buckwheat 12000 Coriander 24500 Corn 10258 ↑ 20 9596 ↓...