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Heavy rains this week across the U.S. wheat growing region eased drought conditions in some areas and replenished moisture reserves ahead of spring wheat planting. Additional precipitation and temperatures in the Midwest are expected next week, helping to speed up spring crop planting.   Most of the Central and Southern Plains have seen rain this week, which will continue into the weekend, but precipitation next week will be less and temperatures will drop to 0-7 ° C, so moisture...

In 2025, demand for sunflower oil in China decreased sharply due to a significant increase in its prices, so imports were almost halved, said Fang Gang, CEO of the China Association of Oil Producers (Zhejiang Provincial Oils & Fats Co., Ltd) at the international conference "Chinese Grains & Oils Congress 2026".   Since mid-2024, forecasts of reduced sunflower harvests in Ukraine and the Russian Federation due to drought have led to increases in both global sunflower...

The cost of insurance for ships passing through the Strait of Hormuz has increased 12-fold, although President Trump recently promised to ensure uninterrupted energy supplies from the Middle East region, the Financial Times reports. If before the start of the US and Israeli military operation against Iran, the insurance rate for vessels operating in high-risk areas (and this is not only the strait itself, but also the waters adjacent to it) was 0.25% of the value of the vessel, now it...

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, $ FOB, $ DAF, $ CIF, $ Wheat mill offals6000 ↓ 250Mustard seeds35000Peas11300200Coriander32000Corn10311 ↑ 287538600 ↓ 66212220211239Soybean hulls granulated150Flax30000Soybean meal18700 ↑ 1350330Sunflower...

A 21% increase in oil prices in a month due to the war with Iran is supporting rapeseed and canola quotes, but falling demand from the EU and increasing supply from Australia are holding back prices, including in Ukraine.   Recall that the forecast for the rapeseed harvest in Australia has been raised again from 7.2 to 7.7 million tons (USDA estimated it at 6.7 million tons in November), which will exceed the 2024/25 MY figure by 26% (6.1 million tons), so a buyer will need to be...

India in February reduced imports of vegetable oils by 1.4% compared to January to 1.29 million tons, sharply reducing purchases of sunflower oil, which was partially offset by an increase in supplies of cheap palm oil by 10.1% to a 6-month high of 844 thousand tons. Recall that in January, imports of vegetable oils decreased by 3.5%, but purchases of palm oil increased significantly.   While soybean oil imports fell to a 19-month low in January, they increased by 8.7% in February to...

According to European traders, the Jordanian state grain procurement agency MIT purchased 50,000 tons of feed barley (out of the planned 120,000 tons) from Bunge in an international tender on March 4 for delivery in the second half of June 2026 at a price of $260.5/ton C&F.   Barley was also offered in the tender by CHS at $265.98/t C&F and Cargill at $264.95/t C&F.   We will remind that the Ministry of Industry and Trade of Jordan purchased 50 thousand tons of...

Over the 4 years and 8 months of the functioning of the land market in Ukraine, at the beginning of March, the number of agricultural land sold crossed the symbolic mark of 1 million hectares, the State Service for Geodesy, Cartography and Cadastre reported. Since July 2021, when the sale of land was allowed in Ukraine, the average price per hectare has increased in hryvnia equivalent by 96%, and at the beginning of 2026 was 64,600 UAH/ha or $1,501/ha.   Fears that the opening...