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Amid the breakdown of trade talks between the US and Canada, canola quotes fell by 6.5% in two sessions, which led to a drop in rapeseed quotes in Paris and increased pressure on prices in Ukraine.   November canola futures on the Winnipeg Stock Exchange fell 6.5% to CAD 770/t or $555.6/t (-2.6% month-on-month) on Friday and Monday due to fears that Trump may also impose tariffs on Canadian canola oil, which would collapse domestic demand for canola and force it to increase exports...

Abnormal heat has damaged European rapeseed crops more than expected. According to updated estimates by OilWorld, despite an increase in the area under rapeseed in the EU by 0.24 million hectares to 6.37 million hectares, the gross rapeseed harvest in the EU will be 19.85 million tonnes and the average yield will be 3.12 tonnes/ha, while last year 20.51 million tonnes of rapeseed were harvested with a yield of 3.35 tonnes/ha.   The worst situation is observed in the main producing...

Aggressive Russian attacks on Odessa and Ukraine's Black Sea and Danube ports continue, so traders are redirecting export shipments by truck or rail to European ports or European consumers, but the pace of exports is falling sharply. At the same time, the growth of world wheat prices has stopped, despite the decrease in supplies.   Experts from the International Grains Council (IGC) have lowered the forecast for world wheat production in the 2026/27 MY by 4 million tons to 817...

Amid record stocks and increasing domestic supply, Indian authorities have lifted a long-standing ban on the export of wheat, particularly durum wheat, as well as flour and other processed products, Bloomberg reports.   India banned wheat exports in 2022, when soaring global prices and heatwaves heightened risks to the country's food security. The ban was eased in February 2026, and exports resumed in small quantities, and the restrictions have now been lifted...

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, $ DAF, $ CIF, $ Wheat mill offals3000 ↓ 500Mustard seeds6000Rye6200Coriander24000Corn81007950 ↑ 8508200 ↑ 600185197Flax24000560 ↓ 10Soybean cake360Rape-seed oil605001020 ↓ 151265Sunflower oil1230Wheat grade...

Canada and the United States came close to reaching a new trade deal last week, but at the last minute, talks unexpectedly ended without an agreement, with Prime Minister Mark Carney ordering the Canadian delegation to return from Washington.   Immediately after that, the US imposed a 50% tariff on goods from Canada, including plywood, alcoholic beverages, electrical equipment, and hockey equipment, totaling about $20 billion.   The Canadian Prime Minister promised to...

Experts from the International Grains Council (IGC) have again lowered the forecast for global grain production in the 2026/27 MY by 6 million tons to 2.415 billion tons, in particular the harvest of wheat and corn, due to the prolonged heat wave prevailing in Europe.   The estimate for global wheat production has been reduced by 4 million tons to 817 million tons, and corn production by 1 million tons to 1.305 billion tons. Despite this, the total grain harvest could be the second...

Oil prices have risen 13% in two weeks due to the lack of progress in US-Iran negotiations and the blockade of the Strait of Hormuz, but more news emerged over the weekend that could change the trend in oil prices.   October Brent crude futures rose another 6.7% to $94.5/barrel last week (+13.2% in two weeks, +3.3% in the month), but have fallen 1.5% to $93/barrel since the start of trading on Asian markets on Monday.   US Treasury Secretary Scott Bessant announced in a...