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The war with Iran has been going on for 13 days. While the US and Israel are destroying the military potential of the ayatollah regime, Iran is causing damage to the global economy by attacking the oil and gas infrastructure of the Middle East and tankers carrying petroleum products. Iran's main weapon remains the blockade of free shipping in the Persian Gulf, namely the Strait of Hormuz.   Following news of Iran's mining of the Strait and damage to three tankers attempting...

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 ↓ 250Mustard seeds32500Peas11300200Coriander32000Corn104468768 ↓ 138600 ↓ 66213214235Soybean hulls granulated150Flax30000Soybean meal350Chick-peas25000Sunflower...

Demand for corn in Egypt has fallen sharply due to a reduction in feed production caused by high poultry mortality, and the weakening of the Egyptian pound by 15-20% in recent days is further worsening the situation.   Low temperatures and diseases led to an increase in chicken mortality of up to 40%, and on some small farms even up to 60-70%, which reduced the demand for feed, after which feed mills began to buy corn on the domestic market in small batches. At the same time, due to...

According to European traders, the Jordanian state procurement agency MIT purchased about 50,000 tons of feed barley of any origin from CHS in an international tender on March 11 for delivery in the first half of July at a price of $261.25/ton C&F.   Barley was also offered at the tender by Bunge (at a price of $266/t C&F), Olam ($264.64/t C&F), Cargill ($273.95/t C&F), Ameropa ($272.9/t C&F), Buildcom ($272.27/t C&F) and Dreyfus ($273/t...

Algerian state-owned company OAIS purchased 200,000 tons of milling wheat of any origin in a tender, Reuters reports.   The purchased wheat will likely be of Black Sea origin and should be delivered to the ports of Mostaganem and Tenes during the periods of April 1-15, April 16-30, May 1-15, May 16-31, June 1-15, June 16-30. Deliveries from South America or Australia should be made a month earlier.   The purchase price is not reported, but according to traders, it is...

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 ↓ 250Mustard seeds32500 ↓ 2500Peas11300200Coriander32000Corn10446 ↑ 158781 ↑ 578600 ↓ 66213214239Soybean hulls granulated150Flax30000Soybean...

In the March world oilseed balance for 2025/26 MY, FAS USDA experts again increased the forecast for world oilseed production by 1.76 million tons to 697.54 million tons (684.9 million tons in 2024/25 MY and 657.4 million tons in 2023/24 MY), in particular sunflower - by 2.06 million tons and rapeseed - by 0.33 million tons, but reduced the forecast for soybean production by 1 million tons.   The forecast for global sunflower production has been increased by 2 million tons to 54.12...

Yesterday, May Brent crude futures fell 20% to $82/barrel after Trump said the war would soon end and reports of the first tanker under military escort passing through the Strait of Hormuz (which was later denied). However, later information emerged that Iran had begun mining the Strait of Hormuz, so quotes rose again, falling 13% in total to $87.5/barrel (+28.5% in the month).   Crude oil prices also fell on Tuesday after U.S. Energy Secretary Chris Wright posted on social media...