Author: Viktoriia Ray
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Russian Sunflower Oil Exports Surge to Turkey
Turkey’s sunflower oil imports rose 26% year-on-year in October 2024 to 82,600 tons, with import value up 57% to $108.7 million, signaling both higher volumes and prices. Russian shipments to Turkey surged 76% year-on-year to 75,000 tons, capturing about 91% of Turkey’s total sunflower oil imports and reinforcing Russia’s dominant supplier role. Higher unit prices…
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Ukraine sunflower seed prices rise as processors compete
Bullish: Ukrainian sunflower seed prices climbed to UAH 28,400–29,500/tonne on strong processor competition and structurally tight supply after the 2025 production shortfall. Bullish: Expanded crushing capacity in central and southern regions is outpacing seed availability, forcing processors to pay up and absorb margin compression to secure feedstock. Bullish: Sunflower oil prices are firming, adding support…
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Ukrainian Soybean Prices Rise on Tight Supply
Ukrainian Soybean Prices Climb; US-Uzbekistan Pact Opens Trans-Caspian Corridor Ukrainian port soybean prices strengthened to USD 416–430/t CPT-port and UAH 18,200–18,500/t as processors and exporters compete for a reduced harvest. US-Uzbekistan soybean MoU aims to expand American soy access into the Trans-Caspian region via Uzbekistan as a strategic trade gateway. Global demand backdrop remains firm…
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Russian Wheat Export Duty Cut to Zero
Bullish: Russia eliminates wheat export duty and offers higher food-grade share, improving price competitiveness versus lower-protein Southern Hemisphere wheat. Bearish: Large harvests in Argentina and Australia, weaker Chinese demand for Russian wheat, and lower Novorossiysk loadings weigh on global price sentiment. Russia Removes Wheat Export Duty The Russian Ministry of Agriculture has reduced the wheat…