Author: Viktoriia Ray
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US Soybean Crushing Reaches Record Pace, Impacting Exports
US Soybean Crushing Hits Record Pace; Export Decline Builds Domestic Inventories Record US crush: Soybean crushing volumes are projected to reach a record 71 million tonnes in 2025/26, up from 66.5 million tonnes in 2024/25, with daily crush rates hitting an all-time high. Weak export performance: US soybean exports have fallen 11.4 million tonnes year-on-year…
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Ukrainian Barley Market Stabilizes as Turkish Tender Rises
Old-crop prices stable: Ukrainian barley trades in a narrow 10,800–11,100 UAH/t range, below exchange-rate-implied values due to weak demand. Turkish tender supportive: A 200,000+ t Turkish tender for March–May delivery underpins regional Black Sea demand and price floors. New-crop trade emerging: Initial new-crop barley price indicators are setting producer expectations for the upcoming marketing season.…
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Mexico Corn Production Falls — Impact on U.S. Trade
Mexican corn production is set to decline to 24.5 million tons in 2026/27, 3% below the prior year and 7% under the 10-year average as low prices and high costs curb planting. Corn imports into Mexico will edge higher to 26.8 million tons, with the U.S. retaining over 99% market share thanks to competitive pricing…
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Ukrainian Wheat Prices: Farmers Lock in 2026
Forward demand: Ukrainian traders are actively contracting 2026 wheat at relatively strong price levels, supporting early farmer hedging. Price structure: New-crop forward prices sit only slightly below old-crop levels, signaling tight supply expectations and stable export demand. Risk management: Farmers are locking in values above USD 210/ton to secure revenue amid geopolitical and corridor-related risks.…
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Jordan Feed Barley Tender: Ameropa Wins at $260/Tonne
Neutral/Steady Demand: Jordan’s MIT booked 50,000 tonnes of feed barley at $260/tonne C&F for first-half July shipment, confirming ongoing import needs without signaling acute tightness. Competitive Pricing: Ameropa undercut six major global traders by up to $5.50/tonne, setting a key C&F benchmark for feed barley and underscoring ample export supply. Slightly Bearish for Black Sea…
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Ukraine Rail Exports Up 11% in Early March
Rail grain exports up 11% MoM: Ukrzaliznytsia moved 37,400 tons of grain in the first 10 days of March, indicating a short-term recovery in rail-based export flows. Year-on-year volumes still weak: Grain exports remain 34% below early March 2024 levels, underscoring persistent structural and logistical constraints. Border crossings dominate logistics: Around 77–78% of grain and…
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Russian Grain Exports to South Korea Hit 12-Month High
Russia hits 12-month high: February wheat shipments to South Korea reached 48,700 tonnes, with corn at 51,400 tons, both the strongest volumes since February 2024. Stronger market position: Russia climbed to third place among South Korea’s wheat and corn suppliers, highlighting competitive pricing and stable logistics from the Black Sea region. Growing Asian footprint: Combined…
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Kazakhstan Rail Restrictions Hit Black Sea Grain Exports
Bearish logistics: Temporary limits on registering privately-owned freight cars in Kazakhstan reduce available rail capacity on a key Black Sea–Central Asia corridor. Infrastructure strain: Freight car numbers have exceeded the technological limits of Kazakhstan’s rail network, prompting safety and capacity control measures. Market protection: Large rolling stock owners pushed for these restrictions to protect domestic…
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Argentine Soybean Meal Exports Fall 27% in February
Bearish for Argentine exports: February soybean meal shipments fell 27% month-on-month and 34% year-on-year, with cumulative MY 2025/26 exports lagging last season by 910,000 tonnes. Demand softness: EU and Asian purchases declined notably, indicating weaker import demand from key destinations despite higher buying from Turkey and Indonesia. Neutral to slightly bearish for Black Sea meals:…
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Volyn Oblast Corn 2025: 65,000 ha Spring Plan
Corn Focus: Volyn Oblast plans to sow 65,000 hectares of corn, accounting for 54% of the region’s 120,000-hectare spring grain and legume program. Oilseed Dominance: Spring industrial crops will span 114,000 hectares, led by soybeans at 77,000 hectares and sunflowers at 28,000 hectares. Expanding Sugar Beet Area: Sugar beet acreage is set to rise to…