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July Brent crude futures fell 8.4% to $101.5/barrel yesterday, losing 12.8% in two days after rising on Monday to another peak of $114.5/barrel. June WTI crude futures fell from $106.5 to $95/barrel (-12.1%) in two days on information about preparations for a peace deal with Iran. The market remains under the influence of conflicting statements from the US and Iran, as well as the continuation of the blockade of the Persian Gulf.   Trump's announced "Project Freedom"...

The Algerian state grain agency OAIS, in an international tender on May 6, where it planned to purchase 50 thousand tons of milling wheat, contracted about 390-420 thousand tons of wheat for delivery on July 1-15 and July 16-31, 2026.   According to traders, purchase prices were $268-270/t C&F, and the bulk of the wheat purchased at $270/t C&F will be of Black Sea origin.   The tender results confirm the high demand for Black Sea wheat from Algeria, one of the...

EU member states have supported the European Commission's proposal to end the domestic processing of imported raw cane sugar, the Directorate-General for Agriculture and Rural Development reports.   The European Commission said that this move will not affect imports of white sugar, but will help reduce market pressure on European sugar producers and restore market balance. Companies operating in related industries and using white sugar as a raw material for the production of...

According to a report released yesterday by Statistics Canada (StatCan), as of April 1, wheat stocks in the country increased by 12% to 19.47 million tonnes compared to the same period last year, including soft varieties - by 10.7% to 16.056 million tonnes.   Rapeseed stocks increased by 27.4% to 9.985 million tons due to a large harvest in 2025 and low export rates.   At the same time, soybean stocks decreased by 45.7% to 1.497 million tons due to active exports and...

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 offals6000 ↓ 300Mustard seeds35000Peas11500Buckwheat38000Rye7500Coriander32000Corn11076 ↑ 819610 ↑ 7708600 ↓ 400223 ↑ 2217Soybean hulls granulated150Flax30000Soybean...

Despite a 13% increase in oil prices late last week, vegetable oil prices remained almost unchanged, remaining at their highest levels since 2022.   June Brent crude futures rose 7.8% to $110/barrel (+18% in two weeks) due to the breakdown of negotiations between the US and Iran and expectations of a new escalation in the Persian Gulf. But yesterday, quotes began to decline after Trump announced the suspension of the “Project Freedom” to withdraw ships from the Persian...

StoneX has raised its forecast for Brazil's soybean harvest in the 2025/26 MY by 1.9 million tons to 181.6 million tons, 1.6 million tons higher than the USDA forecast. The adjustment is due to good yields and an increase in the area sown in the state of Rio Grande do Sul.   The forecast for corn production in the country has also been increased by 1.3 million tons to 137 million tons, although the USDA estimates it at 132 million tons. At the same time, StoneX increased the...

The high-oleic sunflower market in Ukraine cannot yet return to pre-war levels, as the increase in sowing areas in recent years has been offset by weather conditions and unstable premiums.   According to estimates by APK-Inform, in the 2025/26 MY, exports of high-oleic oil may decrease by 8% compared to the previous season to 207 thousand tons.   Changes are also taking place in the geography of exports. Thus, in the 2025/26 MY, the main buyer of Ukrainian high-oleic...