News

Accelerating soybean harvest in Brazil is contributing to rising freight prices, while active planting of second-crop corn and the US tariff wars with partners are reducing global corn quotes.   Against this background, purchase prices for corn in Ukrainian Black Sea ports decreased by $5-8/t or UAH 200-300/t during the week to UAH 10,200-10,250/t or $215-217/t, although prices for feed wheat decreased to a lesser extent.   According to the State Customs Service, in the...

Uncertainty in the EU rapeseed and Canadian canola markets allows speculators to swing prices up and down by 2-3% during the session on the back of tariff news, even as processors in the physical market are cutting back on purchases due to falling crude and vegetable oil prices.   Canada is imposing a 25% import tariff on all goods from the US worth $155 billion (with tariffs on $30 billion effective March 4, and tariffs on the remaining $125 billion effective March 25). In response,...

In February, India reduced its imports of edible oils by 12% compared to January to the lowest level since February 2021 at 884 thousand tons, in particular soybean oil - by 36% to an 8-month low of 284 thousand tons, and sunflower oil - by 22% to a 5-month low of 226 thousand tons. At the same time, palm oil imports grew by 36% to 374 thousand tons, although in January it reached the lowest level in the last 14 years.   Experts from Sunvin Group explain the sharp reduction in...

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 10245 9601 9500 ...

  As part of its strategy to develop its own port infrastructure, the Sunolta trade and production group has decided to take over the management of Euroterminal LLC. The company announced this decision.   Since 1996, Sunolta has been engaged in wholesale and small-scale trade of sunflower seeds, wheat, flour, oil, peas, fuel pellets, and alternative fuels.   The company implements a full cycle of raw material processing, starting with delivery from the producer...

Trump's imposition of tariffs on goods from Canada, Mexico, and China, as well as threats to impose tariffs on goods from the EU, led to a fall in the US stock market and oil and vegetable oil prices due to increased risks of a slowdown in the US and global economies.   May Brent crude futures fell 2.1% to $71/barrel in the week and lost 6.3% in two weeks on expectations of a decline in global demand due to a global economic slowdown and disruptions to supply chains. Prices are...

The introduction of reciprocal tariffs between the US and China has predictably led to a collapse in soybean prices on the Chicago Board of Trade and an increase in prices in China. At the same time, purchase prices in Ukraine are declining amid low export demand for soybeans and soybean meal.   In response to the US imposing a 20% tariff on Chinese goods, China has suspended agricultural imports for three US export companies and has also imposed a 10% tariff on soybean imports from...

In response to US President D. Trump's increase in import duties on Chinese goods from 10% to 20% (added to the previously established 20%), China will impose tariffs on US products from March 10, 2025, in particular 15% on chicken, wheat and corn, and 10% on soybeans, pork, beef, fruits, vegetables and dairy products.   China has halted imports from three U.S. exporters after imposing new restrictions. According to Barchart, the U.S. still has 1.569 million tons of soybeans...