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Increased demand for corn from Turkey in April led to an increase in purchase prices in Ukraine to $230/t delivered to the port, which was the maximum figure this season, although it is significantly lower than the level of last season when prices were $245/t. We also recall that in August last year, a short-term demand for 5,000 tons of corn led to a price jump to $265/t.   The fall in oil prices slightly reduced corn quotes , as a result of which prices in Ukraine also fell at the...

Ethiopia has become the largest wheat producer in Africa for the first time in history, harvesting a record 33 million tons of grain.   A few years ago, the country actively imported wheat, but government programs to stimulate summer and seasonal production have radically changed the situation.   This season, the area under wheat increased to 8 million hectares, and increased agricultural production efficiency allowed harvesting 33 million tons of grain from them, which...

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 offals6100 ↓ 250Mustard seeds35000Peas11500Buckwheat38000Rye7500Coriander32000Corn11095 ↑ 1996928600 ↓ 445223217Soybean hulls granulated150Flax30000Soybean cake345Oats10500Rape-seed...

The global vegetable oil market underwent significant changes in May 2026, as India, the world's largest importer of oils, radically changed its purchasing structure. Due to gas shortages and rising gas prices, the country reduced palm oil imports in April by 27% compared to March to an annual low of 505 thousand tons, while doubling sunflower oil imports to a 22-month high of 435 thousand tons.   Indian traders are buying sunflower oil as a reserve because its processing margin...

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...