Author: Igor Nam
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Kirovohrad Sunflower Harvest Done — Production Down 6.5%
Harvest Completed: Kirovohrad finished its sunflower seed harvest at 1.164 MMT, one month later than last season. Lower Output: Production declined 6.5% year-on-year due to heavy October rains and reduced yields of 1.7 MT/ha. Price Impact: Neutral to slightly bullish for sunflower seed prices as regional output falls but national balance impact remains moderate. Winter…
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Algerian Wheat Tender Tests Prices as EU Wheat Rises
Bullish: Fresh import demand from Algeria’s international tender supports global wheat prices, especially for Black Sea origins. Bearish: The EU’s larger soft wheat harvest and higher export forecast increase export competition and pressure prices lower. Trade Flows: Reduced EU wheat import needs limit potential outlets for exporters targeting the bloc. Market Update Algeria’s state grain…
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Kazakhstan Safflower Export Rules Eased, Freight Delays Cut
Kazakhstan has removed mandatory customs examinations for safflower exports from the Kostanay region, cutting clearance times. Exporters are expected to see lower logistical costs and fewer freight delays for safflower shipments. The change enhances the competitiveness of Kazakh-origin safflower in global markets by easing a non-tariff barrier. Kazakhstan Eases Safflower Export Rules Customs authorities in…
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Black Sea grain prices plunge in 2025
Soybean prices in the Black Sea region are down by an average of 30% year-over-year, marking the steepest decline among major oilseeds. Corn prices have weakened by 5% to 20% YoY, with the scale of the decline varying by region. Sunflower seed prices have also softened, falling by 13% to 18% YoY across the Black…
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Russian Sunflower Oil Export via Baltic Route
Strategic shift: Russia is developing the Baltic Sea (St. Petersburg) as an alternative export corridor for sunflower oil, reducing reliance on Black Sea routes. Capacity growth: Rusagro targets up to 480,000 tons of oil transshipment via the St. Petersburg Oil Terminal by year-end, signaling expanding export optionality. Inland strength: Robust rail and road exports from…
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Russian Sunflower Oil Export Duty Rises in December
Bullish sunflower oil: Higher Russian export duty raises global costs and may support rival Black Sea prices. Bearish sunflower meal: Lower Russian export duty boosts export competitiveness and adds supply pressure to global markets. Russia Raises December Export Duty on Sunflower Oil Russia’s Ministry of Agriculture has increased the export duty on sunflower oil to…
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Ukrainian Rapeseed Prices Fall on EU Market Glut
Bearish: Ukrainian rapeseeds export prices are softening under seasonal pressure from a well-supplied EU market. Bearish: Lower global prices for rapeseed oil and crude oil are weighing on export values and limiting upside potential. Bearish: Domestic processors have slightly raised bids to secure supply, but weaker rapeseed oil prices in the EU cap further price…
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Novorossiysk Wheat Exports Surge to 2.44 MMT in November
Bearish supply signal: Novorossiysk wheat loadings surged to 2.44 MMT in November, reinforcing abundant Russian export availability. Strong regional demand: Iran, Egypt, and Turkey led buying, highlighting persistent MENA demand for competitively priced Russian wheat. Price pressure on rivals: Robust Black Sea logistics and aggressive Russian exports continue to weigh on alternative origins and global…
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Black Sea Logistics Costs Rise After Russian Rail Hike
Bullish: Higher Russian rail tariffs and rising sunflower oil export duty support higher landed costs and global vegetable oil prices. Bearish: Double port dues at Ukraine’s Port of Reni undermine its competitiveness, likely diverting traffic and cargo to Izmail. Bullish/Neutral: Increased Russian inland logistics costs lift the floor for Black Sea FOB grain and oilseed…
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Ukrainian Sunflower Seed Prices Rise on Processor Demand
Bullish: Ukrainian sunflower seed prices climbed through the week on strong crusher demand and tightening supplies of high-oil, high-quality seed. Supportive: A modest firming in sunflower oil export prices helped sustain crush margins and reinforced upward pressure on seed bids. Ukrainian Sunflower Seed Market Update Ukrainian domestic prices for Sunflower Seeds moved higher over the…