Author: Viktoriia Ray
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Argentina Soybean Exports Surge, Flooding Global Market
Bullish: Expanded crushing capacity in Vietnam and strong Chinese demand underpin sustained global soybean meal and oil consumption. Bearish: Argentina’s aggressive export surge and record Brazilian shipments intensify competition, pressuring Black Sea soybean margins. Neutral to Bearish Black Sea: Mexico’s deepening reliance on U.S. soybeans and Asia’s tilt toward South American origins limit outlet options.…
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Russian Hybrid Seed Production Boosted by Kursk Plant
Capacity Boost: New hybrid corn and sunflower seed plant in Russia’s Kursk Region adds 460,000 sowing units of annual capacity. Investment Scale: Agroterra invests 3.7 billion rubles, integrating the facility into a full seed production value chain. Domestic Focus: Russian-bred hybrids already cover 48% of Kursk planted areas, supporting the national seed self-sufficiency goal of…
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Algeria Durum Wheat Tender: Up to 550,000t Secured
Sizeable procurement: Algeria’s OAIC booked 500,000–550,000 tons of durum wheat in its December 23 tender for February–March 2026 delivery. Price benchmarks set: Panamax cargoes priced at about $315/ton C&F, with Handymax shipments at a premium of $323–$325/ton C&F. Forward coverage: 13–14 month delivery window signals early strategic stockpiling and concern over future availability or volatility.…
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Black Sea Sunflower Oil Prices Hold at $1,260/t
Sunflower oil steady at highs: FOB Black Sea sunflower oil held at $1,260/t for Dec–Jan, with CIF Mumbai surging to a weekly peak, signaling firm import demand. Soy complex diverges by origin: Brazil FOB soybeans and soybean oil pushed to weekly highs, while US CBOT soybeans and soybean oil eased, underscoring shifting demand toward South…
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Kazakhstan Grain Exports Jump 15% on Processing Push
Export Growth: Kazakhstan’s grain exports rose 15% year-on-year to 3.9 million tons in the first quarter of the 2025/26 season. Investment Drive: Government plans $2.6 billion in deep grain processing projects with 4.8 million tons annual capacity by 2028. Regional Demand: Exports to Uzbekistan jumped 35% and Kyrgyzstan volumes more than doubled, reinforcing Central Asia…
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Pivdenny Port Oil Spill Halts Sunflower Oil Exports
Operational Disruption: Pivdenny port waters are temporarily closed following a sunflower oil spill caused by recent infrastructure attacks. Containment Efforts: Specialized vessels and containment booms are deployed, with cleanup and remediation operations ongoing. Export Risk: The suspension of Pivdenny’s operations is bearish for Ukrainian sunflower oil exports, with potential congestion at alternative ports. Pivdenny Port…
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Egypt Wheat Imports: 700,000t from Black Sea & France
Key Takeaways Volume Secured: Egypt’s Mostakbal Misr booked about 700,000 tons of wheat via private deals. Diverse Origins: Supplies will come from Black Sea exporters (Russia, Ukraine, Bulgaria, Romania) and France. Forward Deliveries: Shipments are scheduled for January–February 2026, supporting strategic reserves. Bullish Signal: Large, early forward buying is supportive for Black Sea export prices.…
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Moldova grain imports: licensing lifted Jan 2026
Policy shift: Moldova will end its Ukrainian grain import licensing regime on January 1, 2026, reverting to standard import procedures. Limited past impact: Only 25 import licenses were issued between October 2023 and December 2025, underscoring Moldova’s minor role as a grain destination under the restrictions. Ongoing oversight: Enhanced market monitoring will remain in place,…
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Uzbekistan Grain Imports Surge in 2025
Oil & fats imports jump 49.3%: Vegetable oil and fat imports reached $417.3 million in Jan–Nov 2025, highlighting rapidly growing demand. Oilseed inflows up 34%: Oilseed imports climbed to $83 million, while exports grew 10% to $23 million. Grain trade expansion: Grain imports rose 10% to $919.5 million, with exports surging 42% to $501.3 million.…
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Global Wheat Prices Fall on Ample Supply, Weak Demand
Global prices ease: Benchmark wheat grades across Russia, the US, EU, Ukraine, Romania, and Argentina all declined on abundant supply. Demand risks: China canceled 132,000 tons of US wheat purchases, reinforcing bearish market sentiment. Supply boost: Argentina’s harvest forecast rose to 27.1 million tons, with yields up 51% year-on-year. Stable Black Sea competitiveness: Russian and…