Author: Viktoriia Ray
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Turkey Feed Barley Tender: 210,000 Tons Secured
Turkey secures 210,000 tons of feed barley at its January 15 tender, confirming solid demand in the $259.50–$269/ton range. Staggered deliveries through late February to seven ports help TMO manage inventories ahead of the spring feeding season. Iskenderun, Adana, and Mersin ports receive the bulk of volumes, signaling strong regional consumption and logistics focus. Neutral…
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Russian Wheat Exports Rise in January; Saudi Tender
Russian exports: January 2025 wheat exports projected at 2.8–3.0 million tons, up 12–20% year-on-year. Saudi demand: GFSA issues a 595,000-ton milling wheat tender (12.5% protein, any origin) closing January 16. Shift in buyers: Turkey and Iran sharply increase Russian wheat imports after domestic crop shortfalls. Competitive pressure: Bangladesh reduces Russian purchases amid stronger competition from…
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Black Sea Sunflower Oil Prices Reach Record $1,420/t
Sunflower oil rally: Black Sea sunflower oil surged $30.00/t to a record $1,420.00/t, driven by strong Indian demand and tight supply. Mixed soy complex: Soybean oil and soybean prices mostly firmed, but soybean meal showed sharp regional divergence, with EU prices falling and China strengthening. Pressure on rapeseed & palm: Rapeseed oil FOB Netherlands fell…
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Azov-Black Sea Freight Rates Rise as Tonnage Tightens
Post-holiday rebound: Azov-Black Sea freight rates rose in week 3 as grain trade normalized and demand recovered after New Year holidays. Cost support factors: Kerch Strait delays and a shortage of spot tonnage are pushing freight rates higher across key Black Sea and Mediterranean routes. Zero export duties: Russia’s wheat, barley, and corn export duties…
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Brazil Soybean Exports Hit Record 3.73M Tonnes
Record January exports: Brazil’s soybean exports are forecast at 3.73 million tonnes, surpassing the previous January record of 2.85 million tonnes in 2024. Delayed shipments: December rain disruptions shifted volumes into January, with only 0.6% of the 2025/26 crop harvested by January 8 but supported by large carryover stocks. Strong production outlook: Brazil’s 2025/26 soybean…
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Russian Barley Exports Start 2026 from Volga to Iran
Logistics boost: Extended Volga River navigation into January allows Russia to maintain grain export flows, including barley, despite the winter season. Stable demand: Iran’s 2,500-ton feed barley purchase confirms ongoing demand for Russian barley, supporting neutral to slightly bullish sentiment. Supply outlook: Volgograd’s 2025 barley harvest of 251,800 tons at 1.74 t/ha suggests adequate regional…
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Kazakhstan Wheat Exports Surge 29% as USDA Raises Forecast
USDA upgrade: Kazakhstan’s 2025/26 wheat export forecast raised to 9.5 million tonnes on stronger early-season shipments. Export surge: September–November 2025 wheat exports jumped 29% year-on-year to 2.34 million tonnes. Uzbekistan demand: Uzbekistan imported 1.47 million tonnes of Kazakh wheat in three months, cementing its role as Kazakhstan’s key buyer. Ample regional supply: Stable Kazakh production…
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Kazakhstan Winter Wheat Survives Early January
Crop resilience: Winter wheat in southern and southeastern Kazakhstan overwintered safely in early January, with no reported freeze damage. Weather support: Air temperatures ran 2–4°C above normal, maintaining tillering node temperatures mostly above critical thresholds across key regions. Moisture risk: Below-normal precipitation and thin snow cover (<5 cm) in some areas pose localized risk if…
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South Korea Soybean Meal: 120,000 Tons Secured
South Korea secures 120,000 tons: KFA and NOFI jointly booked soybean meal for delivery through May 2024, locking in supply at competitive C&F prices. Multi-origin vs. South America-focused: KFA diversified origins (US, China, South America), while NOFI concentrated exclusively on South American supplies. Benchmark pricing for Asia: Deals at $371.71–$373.80 per ton C&F set a…
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Russian Oat Exports Hit Record $62M in 2025
Record Export Revenues: Russian oat exports reached nearly $62 million in 2025, surpassing the previous record of $59.3 million set in 2024. China-Driven Demand: China accounted for over $56 million of imports, more than 90% of total Russian oat export value. Strong Production Growth: Domestic oat output rose 25.8% year-on-year to 3.8 million tons, supported…