Author: Viktoriia Ray
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Ukrainian soybean exports slow in December amid price dip
Key Takeaways Ukrainian soybean exports reached approximately 200,000 tons by December 15, with shipment activity expected to slow toward month-end. Port quotations stabilized in the $422-427/mt range, showing slight weakness following a broader global price correction. Domestic processors remain active and competitive buyers, with favorable crushing margins helping to support local soybean prices. Market sentiment…
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Jordan Feed Barley Tender: 60,000t at $270/MT
Soufflet wins 60,000 T tender: Jordan books feed barley at $270/MT C&F for March 1–15, 2025 shipment. Narrow bid range signals strong competition: Rival offers from Bunge, Cargill, Olam, and LDC clustered between $271.99–$283/MT. Further demand ahead: Jordan to tender another 120,000 T of feed barley on December 24, supporting regional export flows. Market tone:…
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Brazil Corn Exports Rise to 43M Tons Despite Smaller Harvest
Production: Brazil’s 2025/26 corn harvest is forecast at 133 million tons, down 3 million tons year-on-year due to lower yields. Exports: Corn exports are projected to rise to 43 million tons, supported by strong carryover stocks from the 2024/25 season. Trade Flows: January–November 2025 exports reached 34.8 million tons, with Iran and Egypt as the…
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China Cancels US Wheat Amid Argentine Price Pressure
Key Takeaways China cancellation: China canceled a 132,000-tonne purchase of US white wheat, originally reported on November 20. Price competition: Argentine wheat is reportedly offered at more competitive prices, likely contributing to the shift away from US supplies. Futures under pressure: CBOT wheat futures fell to their lowest level since October 23 on December 17,…
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Ukrainian Grain Exports Surge — Corn Leads Growth
Corn-led surge: Ukrainian corn exports jumped 4.6x year-on-year in early December to 979,000 tonnes, driving overall grain export growth. Diversified demand: Strong buying from Turkey, Algeria, and new Middle Eastern destinations underpins sustained demand for Black Sea grains. Freight support: Higher export volumes are neutral to mildly bullish for Black Sea freight rates as vessel…
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South Korea Feed Corn Tender: 268,000t at $253-$255
Continued demand: South Korea’s Major Feedmill Group secured 268,000 tons of feed corn for Q1–Q2 2026, underscoring steady Asian feed demand. Benchmark pricing: Awarded prices between $253.33 and $255.50 per ton C&F set a reference range for future tenders into Asia. Origin mix: U.S., South American, and South African corn won the tender, leaving Black…
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Russian Pork Exports Surge: Black Sea Logistics Impact
Russian pork and by-product exports to Vietnam hit a record 80,000 tons (Jan–Nov), up 28% YoY and worth $186 million. Total Russian pork exports are nearing 400,000 tons globally in 2024, with export revenues close to $1 billion. Rising protein exports from Black Sea origins to Southeast Asia may tighten vessel capacity and support freight…
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Jordan Feed Barley Tender: 60,000t at $270/tonne
Competitive pricing: Jordan secured 60,000 tonnes of feed barley at $270/tonne C&F, below all rival bids and filling half of its 120,000-tonne tender. Strong tender participation: Major global traders, including Cargill, Bunge, Olam, and Dreyfus, submitted offers within a $13/tonne price band, underscoring ample supply. Neutral to bearish sentiment: Aggressive seller pricing and only a…
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Kabardino-Balkaria Corn Seed Leads Russia’s Supply
Kabardino-Balkaria supplies up to 25% of Russia’s corn seed demand, producing 12,000–14,000 tons annually. Planned capacity increase to 18,000 tons could boost Russian corn output and export competitiveness. 70 farms and growing digital quality control efforts support improved seed reliability and yield potential. Kabardino-Balkaria Corn Seed Production Overview The Kabardino-Balkarian Republic has become Russia’s leading…
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Ukrainian Wheat Prices Fall Amid Weak Demand
Bearish: Ukrainian milling wheat prices declined by USD 2–4/ton across major ports to USD 208–216/ton CPT amid weak demand. Bearish: Ongoing infrastructure and energy disruptions are curbing export activity and pushing some grain companies to suspend procurement. Bearish: Competitive pricing for US wheat in Asian tenders is limiting upside potential for Black Sea origins. Ukrainian…