Author: Viktoriia Ray
-
Western Australia Barley Acreage Set to Rise 6%
Bearish for global feed barley: Western Australia’s barley area is set to rise 6% year-on-year to 2.17 million hectares, adding potential exportable supply and pressuring prices into late 2024. Bearish for wheat: Wheat plantings in Western Australia are forecast to fall 13% to 3.73 million hectares as farmers pivot toward lower-fertilizer barley and higher-priced canola.…
-
Ukraine grain exports fall as May shipments slow
Export slowdown: Ukraine’s total grain and legume exports are down 16.6% year-on-year to 30.997 million tons as of May 8, 2025. Corn-dominated mix: Corn accounts for 56.5% of shipments at 17.503 million tons, but all major crops show notable year-on-year declines. May pace deterioration: Early May exports dropped 57.7% to 798 thousand tons versus 1.885…
-
South Korea Feed Corn Tender: 136,000t at ~$270
South Korean feed buyer NOFI secured 136,000 tons of feed corn via an international tender at around $270/ton C&F for September arrivals. The tender covered only 66% of the initially planned 207,000 tons, hinting at either limited seller availability or buyer resistance at current price levels. Contracts were split between Mitsui and Cargill, with small…
-
Canadian Canola Exports Surge, Reshaping Trade
Canadian exports surge: Canola shipments reached 1 million tonnes in March 2025, with Q1 2025 exports up 10% year-on-year at 2.6 million tonnes. China demand recovers: March exports to China hit 369,000 tonnes, an 11‑month high, following reduced import duties under a new bilateral trade agreement. EU inflows still elevated: Pre‑normalization price discounts drove record…
-
Ukraine Feed Corn Prices Surge on Tight Supply
Prices Surge: Ukrainian feed corn rose by 100–200 UAH/t this week, with most bids at 9,600–10,300 UAH/t as of May 8. Regional Premiums: Southern Ukraine recorded peak prices up to 11,200 UAH/t CPT on strong domestic and trader demand. Tight Supply: Limited farmer selling and firm export values are tightening the balance and underpinning a…
-
Odesa Grain Rail Unloading Rises Amid Danube Collapse
Greater Odesa recovery: Average daily grain railcar unloading at Greater Odesa ports edged up to 1,245 units (+12 w/w), with loading closely matched at 1,244 units/day, signaling balanced flows. Pipeline easing: Grain wagons en route to Greater Odesa fell by 270 units to 8,431, which may reflect both improved logistics and a potential softening in…
-
IKAR Cuts Russian Wheat Exports Forecast to 44.5Mt
Export Forecast Cut: IKAR reduced Russia’s 2025/26 wheat export outlook to 44.5 million tonnes from 46 million tonnes. Margin Pressure: Strong ruble, low global wheat prices, and higher inland logistics costs are squeezing exporter margins. Logistics Shift: Wheat stockpiles have moved inland from key southern export hubs after drought-related production losses. Market Tone: Overall impact…
-
Kazakhstan Feed Meal Exports Hit Record; China to Fast-Track
Kazakhstan is pushing China to fast-track approvals for new feed meal exporters to alleviate current bottlenecks. Feed meal exports to China reached a record 2.15 million tons in the first seven months of the current marketing year, up 120% year-on-year. China absorbs over 99% of Kazakhstan’s feed meal exports, underscoring Kazakhstan’s growing role as a…
-
South Korea Feed Corn: FLC Buys 132,000t in May
South Korea’s FLC booked 132,000 tonnes of feed corn via a May 7 tender at around $268/tonne C&F for September arrival. Sucden and Mitsui will supply two shipments (65,000 t and 67,000 t), highlighting competitive global pricing with only marginal price differences. Neutral to bearish for Black Sea corn as “any origin” terms and tight…
-
Ukrainian Wheat Bran Prices Slide at Black Sea Ports
Granulated wheat bran export prices at Ukrainian Black Sea ports have declined since the start of the week amid weaker buying interest. Turkish CIF Marmara bids fell in parallel by about USD 5/tonne, now quoted around USD 225–235/tonne. Softening demand from key importers is pressuring prices and signaling broader weakness in the regional feed sector.…