News

The drop in sunflower prices in Ukraine slowed somewhat last week, but the gradual decline in export prices for sunflower oil is forcing processors to further lower purchase prices for raw materials.   Currently, prices for sunflower with delivery to the plant are 25,000-26,000 UAH/t.   In the near future, export demand for Ukrainian sunflower may grow, as Turkey will cancel the duty on sunflower seed imports within the quota (which is currently 8%) and reduce the duty on...

The Ministry of Agrarian Policy of Ukraine approved the Procedure for Issuing International Certificates and Other Documents Required by Countries of Destination for Cargoes with Food Products, in accordance with the requirements of Part 8 of Art. 60 of the Law of Ukraine "On Basic Principles and Requirements for the Safety and Quality of Food Products".   The new Order defines: the procedure for submitting to the territorial body of the State Production and Consumer...

Speculative growth in rapeseed prices, caused by a shortage of physical supplies, continues on European exchanges. Against the background of significant volumes sold on the exchange, quotes rose by 2.6% yesterday, almost reversing the decline of the previous week.   February rapeseed futures on the Paris MATIF rose 2.5% to €527.25/t or $554/t yesterday, up 7% in 4 sessions after falling 10% earlier. So far, quotes haven't reacted to increased forecasts for Australia's...

India boosted its imports of vegetable oils to a four-month high in November as refiners actively replenished stocks after strong demand for sweet and fried foods during the Dussehra and Diwali holidays in October and November, Reuters reported.   Thus, compared to October, the import of vegetable oils increased by 12% to 1.6 million tons, in particular, sunflower oil - by 43% to 341 thousand tons, soybean oil - by 20% to 410 thousand tons, while palm oil supplies increased only by...

Strong soybean planting rates and good rainfall in Brazil continue to improve crop prospects, but soybean quotes remain consistently low.   According to AgRural data, 91% of the planned area was sown with soybeans in Brazil on November 28, compared to 85% last year.   The Celeres agency increased the soybean production forecast in Brazil in 2024/25 by 1 million tons to 170.8 million tons, and the export forecast to 107 million tons. At the same time, the Agroconsult agency...

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 CPT terminal, $ FOB, $ DAF, $ CIF, $ Vetch 13000 Wheat mill offals 5350 Mustard seeds 25000 24875 Peas 13000 11200 330 Buckwheat 11500 270 ...

Global wheat prices remain under pressure from harvests in Australia and Argentina, where production forecasts are improving, as well as heavy snowfall in the US Plains, which replenishes moisture and protects crops with up to 1.5m of snow.   ABARES raised its forecast for Australia's wheat harvest in FY2024/25 to 31.9 million tonnes, which would be in line with the USDA forecast and 23% higher than FY2023/24.   According to the MSG of India, as of November 29, 20...

According to the new forecast of the International Grains Council (IGC), in 2025/26, the global rapeseed area will grow compared to the current season by 1.4% to a record 44.1 million hectares, in particular in the EU - by 4% to 6 million ha, as the low yield of the 2024/25 season greatly reduced production. The high level of rapeseed prices will also contribute to the increase of sowing areas, the IGC believes.   But the prospects for the future harvest in the main exporting...