Author: Viktoriia Ray
-
Russian sunflower oil export duty slashed 71% in May
Export duty cut: Russia slashes sunflower oil export duty by 71% in May, from 16,222.4 to 4,650 rubles/tonne. Meal duty removal: Sunflower meal export duty drops to zero from 749.6 rubles/tonne, boosting crushing margins. Price dynamics: Indicative sunflower oil price rises to $1,291.8/tonne while sunflower meal falls to $196.1/tonne. Market impact: Lower duties likely lift…
-
Ukrainian Sunflower Seed Prices Rally on Oil Demand
Bullish: Ukrainian sunflower seed prices climbed to UAH 31,300–32,500/t CPT on the back of stronger sunflower oil values at ports. Bullish: Domestic sunflower oil bids increased to USD 1,335–1,350/t FCA, with isolated trades at USD 1,360/t FCA, signalling robust crush margins. Bullish: Reluctant farmer and trader selling is tightening nearby availability, underpinning the upward price…
-
Kazakhstan Wheat Prices Reach 95,000-100,000 Tenge/MT
Firm domestic prices: Grade 3 milling wheat rose from 90–95,000 tenge/MT in January to 95,000–100,000 tenge/MT by April 2026 on tight farm selling and logistics issues. Policy-driven margin squeeze: Higher VAT and altered refund rules, plus tenge appreciation, sharply reduced export margins and new deal flow. Constrained export flows: Reduced competitiveness is likely to limit…
-
Kazakhstan Feed Meal Exports to China Surge 137%
Trade Expansion: Shandong Hi-Speed is in talks with Kazakhstan’s Food Contract Corporation to significantly scale up grain and feed meal imports, including potential forward financing. Export Surge: Kazakhstan’s feed meal exports to China jumped 137% year-on-year in Sep–Feb 2025/26, reinforcing China’s role as the dominant buyer. Strategic Shift: Growing eastbound flows may ease competition in…
-
Ukrainian sunflower oil prices up 5.6% in 2026
Price Gain: Refined bottled sunflower oil prices in Ukraine have risen 5.6% since the start of 2026. Market Signal: The increase points to early-year tightening in domestic supply or firmer demand within the Black Sea sunflower oil sector. Export Support: Higher Ukrainian domestic prices could underpin export quotations from the world’s leading sunflower oil supplier.…
-
Tunisia Feed Barley Tender: 25,000t at $265.45/tonne
Tunisia’s grain agency (ODC) bought 25,000 tonnes of feed barley via Ameropa at $265.45/tonne C&F. Single-shipment delivery window from May 15 to June 20 with flexible origin terms. Neutral impact for Black Sea suppliers, but the deal sets a benchmark for regional export competitiveness. Tunisia Feed Barley Tender Overview The Tunisian Grain Agency (ODC) has…
-
Russian sunflower oil export benchmarks up 10%
Russia raises sunflower oil export price benchmark by 10%, from 82,500 to 90,750 rubles/ton, increasing duty costs for exporters. Sunflower meal base export price also climbs 10%, from 15,875 to 17,463 rubles/ton, directly lifting formula-based export duties. Higher export duties are bearish for Russian exporters, potentially slowing shipments and pressuring Black Sea competitiveness amid strong…
-
Ukrainian Feed Corn Prices Surge Amid Export Rally
Bullish: Ukrainian feed corn rose 100–300 UAH/t this week on strong domestic and export demand, lifting most prices to 9,300–10,000 UAH/t CPT and up to 10,900 UAH/t CPT in the south. Bullish: Tight farmer selling and limited spot availability are constraining supply, reinforcing a firm price outlook if export momentum persists. Bullish: Southern region premiums…
-
French Winter Wheat: Conditions Dip but Remain Strong
French wheat conditions ease slightly: Winter wheat ratings slipped to 83% good/excellent, down 1 point week-on-week but still well above 74% a year ago. Barley remains strong: Winter barley held at 81% good/excellent, while spring barley stayed very strong at 92%, sharply higher than last year’s 84%. Corn planting lags badly: Only 31% of corn…
-
Odesa Railcar Backlog Strains Grain Exports
Grain railcar unloading at Greater Odesa ports slipped to 1,265 units/day, while the backlog grew to nearly 8,000 railcars, signaling emerging congestion risks. Daily loading toward Greater Odesa ports rose to 1,195 units/day, narrowing the clearance margin and potentially increasing demurrage and logistics costs. Danube ports remain a minor outlet with just 16 wagons/day unloading,…