Author: Viktoriia Ray
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Soybean Oil Prices Rally After India-US Trade Deal
Bullish (Soybean Oil): CBOT soybean oil futures rallied 2.2% to six‑month highs on expectations of stronger Indian demand after the India‑US agricultural trade framework and support from renewed US biodiesel tax incentives. Bearish (Soybean Meal): Chinese soybean meal prices fell nearly 2% amid temporarily high inventories and pressure from Brazil’s bumper soybean harvest, despite fresh…
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Black Sea wheat exporters: EU competition heats up
Key Takeaways Jordan’s MIT purchased 120,000 tonnes of milling wheat at $264.50/tonne C&F for May shipment, confirming steady MENA demand but at disciplined price levels. French soft winter wheat area for the 2026 harvest increased 2.8% year-on-year to 4.6 million hectares, with overall winter grains and rapeseed also expanding. Favorable French and wider EU winter…
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China Oilseed Processing: Export Strategy to Watch
Focus: Chinese Grains & Oils Congress 2026 will examine domestic oilseed processing expansion and vegetable oil export potential in Shanghai on March 5–6, 2026. Strategic Shift: China’s dual role as the world’s largest vegetable oil importer and a growing exporter of selected oils, especially soybean oil, could reshape global trade flows. Market Watch: Black Sea…
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Australian Canola Exports Drop 15% in 2025 — EU Gains
Australian exports slide: Canola exports from Australia declined 15.5% year-on-year to 5.22 million tonnes in 2025. EU demand strengthens: EU imports of Australian canola rose to 3.22 million tonnes, reinforcing its role as the primary destination. Japan demand collapses: Japanese canola imports from Australia plunged 58% to 0.43 million tonnes, opening space for rival origins.…
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Black Sea Grain Exports Hit Headwinds After Quotas
Bearish: Black Sea grain export flows remain pressured as Russia’s new quota regime is unlikely to be fully utilized and Ukraine’s exports are running 20–34% below last year amid infrastructure bottlenecks. Neutral: Large crop potential in both Russia and Ukraine, along with Ukraine’s diversification toward North African and Middle Eastern markets, provides a medium‑term floor…
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Russian Sunflower Seed Self-Sufficiency Hits 97%
Sunflower seeds: Russia has secured 42.9 thousand tons for the 2026 sowing campaign, covering 97% of domestic demand. Overall seed self-sufficiency: Domestic seed share in the agro-industrial complex has risen to 69.3% in 2024, up from around 60% in 2022. Export footprint: Russian-bred seeds are now supplied to 35 countries, reflecting growing competitiveness in regional…
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Argentina soybean production falls as Brazil nears record
Bearish soybeans: Brazil’s record 180 million tonne crop and slow farmer selling keep export supply heavy through Q2, pressuring CBOT futures. Argentine risk: Moisture stress and poor rainfall since early February threaten to trim Argentina’s soybean output toward 45–48 million tonnes. Regional impact: South American export dominance and ample pipeline supply reduce competitiveness for Black Sea soybean…
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Ukrainian Barley Prices Rise on Strong Export Demand
Port prices higher: Ukrainian feed barley rose by USD 2-7/t to USD 215-225/t CPT-port on strong export interest. Stable domestic bids: Barley bids held around UAH 9,000-10,200/t CPT as farmers limited new sales. Supported by tight supply: Restricted farmer selling and firm export demand are underpinning current price levels. Ukrainian Feed Barley Market Update Ukrainian…
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Ukraine Corn Export Prices Plunge to Multi-Month Low
FOB prices cut sharply: Ukraine’s minimum corn export price on a FOB basis for February dropped to USD 0.158/kg from USD 0.172/kg, an 8% month‑over‑month decline. CPT prices also lower: Minimum CPT basis price for corn was reduced to USD 0.162/kg from USD 0.167/kg, easing domestic export floor levels. Multi‑month lows: The new FOB corn…
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Russian Wheat Exports Surge 18% in January
Russian wheat exports up 18%: Shipments reached 2.8 million tons in January 2026, supporting a mildly bullish tone for Black Sea wheat. Broader grain exports up 6%: Total Russian grain and processed products exceeded 4.5 million tons, underscoring resilient external demand. Ukrainian prices firming: Port prices for milling and feed wheat rose USD 2–4 per…