Author: Viktoriia Ray
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Ukrainian Soybean Prices Hit 10-Month High
Bullish (short-term): Ukrainian soybean prices at a 10‑month high, supported by intense domestic competition and strong global fundamentals. Bearish (medium-term): Expected pressure from expanding South American supplies as Brazilian and regional harvests progress. Supportive factors: Brazilian harvest delays, higher Chicago soybean and soy oil quotations, and potential post-holiday recovery in Chinese demand. Risk factors: Geopolitical…
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Saudi Wheat Tender: 794,000t Purchase Exceeds Target
Saudi wheat buy exceeds target: GFSA purchased 794,000 tonnes versus the 655,000-tonne plan, highlighting strong forward import demand into mid-2026. Wide C&F price spread: Prices ranged from $265.61 to $283.00 per tonne C&F, with Dammam commanding the highest values on freight and logistics. Multi-origin competition: Flexible origin terms (EU, Black Sea, Americas, Australia) reinforce intense…
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Odesa Grain Unloading Rises — Rail Bottleneck Risk
Improving efficiency at Greater Odesa: Daily grain railcar unloading rose to 1,196 units (+70 w/w), with loading up to 1,232 units per day. Potential bottlenecks ahead: Grain railcars en route to Greater Odesa ports fell sharply by 311 units to 10,700, hinting at possible supply chain or origination issues. Diversification via Danube ports: Rail traffic…
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South Korea Feed Corn: 135,000 Tons for July
South Korea’s Major Feedmill Group (MFG) secured 135,000 tons of feed corn for July delivery, reaching 64% of its 210,000-ton tender target. Average purchase price was about $250.89/ton C&F plus $1.50/ton port surcharge, with volumes sourced from the US, South America, and South Africa. Contracts were awarded to Mitsui and Cargill for early July arrival,…
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IMK Agroholding Debt Reduction & Self-Funded Logistics
Debt reduction: IMK cut its loan portfolio from $140 million (2014) to $18 million by end-2025 and targets $10 million by end-2026. Self-funded CAPEX: The company is pivoting from external borrowing to self-financing logistics and environmental projects. Rail logistics focus: 75 EBRD-financed grain carriers, acquired in 2023, are currently used mainly in Ukraine’s domestic logistics…
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Ukraine corn export forecast rises 8.3% in 2025/26
Export Growth: Ukraine’s corn exports for 2025/26 are forecast at 23.8 million tons, up 8.3% year-on-year. Production Recovery: Corn harvest is projected at 29.9 million tons, an 11.2% increase but still 6.8% below the five-year average. Firm Feed Demand: Domestic consumption is estimated at 6.2 million tons, with 5.2 million tons going to animal feed.…
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India Wheat Yields Threatened by Record Heat Wave
India heat stress: Record March temperatures are hitting wheat and rapeseed during critical grain filling, threatening yield potential. Export risks: Lower Indian wheat output could delay the country’s planned return to export markets, tightening global supply. Price support: Potential supply disruption from the world’s second-largest wheat producer is broadly supportive for global wheat prices. Black…
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Ukrainian Soybean Exports Surge 15% in 2025
Export Scale: Astarta shipped over 870,000 tons of agricultural products to 48 countries in 2025, underscoring resilient Black Sea export activity. Soybean Growth: Soybean exports rose 15% year-on-year, driven by strong demand from Central European markets for oil and meal. Diversified Routes: Corn, wheat, and sugar flows were spread across European, Asian, and MENA destinations,…
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Ukrainian Rapeseed Market Faces Supply Risk in 2025
Indicative new-crop Ukrainian rapeseed prices are at $530–535/t, with western Ukrainian forward deals reported at $540–543/t for 2,000–3,000 t volumes. Reduced acreage, adverse weather, and potential reseeding create material uncertainty for 2025 supply and could tighten the market. Limited rapeseed acreage growth in the EU and processors’ reliance on Ukrainian imports may intensify competition and…
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Turkey Feed Corn Tender: 350,000 Tons Secured
Turkey’s TMO secured 350,000 tons of feed corn in its February 26 tender, with 300,000 tons drawn from customs warehouse stocks and 50,000 tons sourced via CFR imports. Price spread favors imports on cost: domestic EXW warehouse corn was priced at $250.9–$252.7/ton, versus $243.4–$243.9/ton CFR for imported volumes. Neutral to slightly bearish signal for Black…