Author: Viktoriia Ray
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Russian Baltic Exports Hit by Baltic Ice Disruption
Russian Baltic exports disrupted: Severe ice in the Gulf of Finland is slowing vessel movements, extending escort times to 8–12 hours and risking full navigation halt from February 19. Ukraine shifts to value-added exports: Overall agricultural exports fell 9% to $22.71 billion in 2025, but processed products surged to $4.4 billion, nearly 20% of export value. Caspian…
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Turkey Sunflower Seed Imports Surge to Six-Year High
USDA lifted Turkey’s 2025/26 sunflower seed import forecast to 1 million tons, a six-year high, amid domestic crop shortfalls. EU sunflower seed exports to Turkey surged to 758,000 tons in Sep–Nov 2025/26, a 26-fold increase year-on-year. Black Sea sunflower oil flows to Turkey dropped sharply, with Ukraine down nearly 30% and Russia down 15% in…
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Brazil soybean harvest threatened by extreme weather
Weather risks in Brazil: Excessive rainfall in central and northern regions and drought in Rio Grande do Sul are pressuring analysts to cut Brazil’s soybean crop forecasts below 180 million tonnes. Robust US processing: US January soybean crushing hit a record 6.03 million metric tons, up 10.6% year-on-year, underscoring strong processing demand despite some weather-related…
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Jordan Feed Barley Tender: CHS Wins at $251.50/tonne
Jordan secures 50,000 t feed barley from CHS at $251.50/tonne C&F for June shipment. Competitive tender environment with nine major traders and a narrow price spread among top bids. Neutral to slightly bearish signal for Black Sea exporters as unrestricted origin widens supplier competition. June C&F price reference at $251.50/tonne suggests comfortable global feed barley…
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Ukrainian corn export prices dip on weak trader demand
Prices Ease: Feed corn bids at Ukrainian ports fell by USD 1-3/t week-on-week as of February 18 after a prior upward move. Demand Pause: Most traders have already completed export consignment formation, curbing short-term grain purchasing. Farmer Selling: Producers increased corn offers to replenish working capital, mainly in small-tonnage lots, tempering but not flooding supply.…
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Russian Wheat Exports Surge Amid Iran Supply Deal
Bullish: Russia and Iran are negotiating large-scale wheat supplies under a joint food security program, reinforcing demand for Black Sea wheat amid rising export prices. Bullish: Russian wheat exports for 2025/26 are projected at 56.2 million tons, up 12.4% from 50 million tons last season, tightening global supply balance. Bullish: Weather disruptions at southern Russian…
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Tunisia Feed Corn Tender: 25,000t at $258.75/MT
Tunisia secures 25,000 tons of feed corn via ODC tender at $258.75/MT C&F for March 2024 delivery. Technical compliance trumps lowest price, as a cheaper $256.99/MT offer was rejected for failing specs. Demand remains steady in North Africa, with the purchase open to any origin, supporting Black Sea corn sentiment. Market tone is neutral to…
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Russian wheat forecast: SovEcon rejects 91Mt estimate
Forecast divergence: SovEcon maintains a conservative 2026 Russian wheat harvest estimate of 85.9 million tons, rejecting market talk of 91 million tons as unrealistic. Area constraints: No growth in wheat acreage and continued decline in spring wheat plantings limit upside to production unless near-record yields are repeated. Export implications: The 5.1 million ton gap between…
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USDA Export Funding: $212M Boost to U.S. Exports
Funding Boost: USDA commits over $212 million to strengthen U.S. agricultural export promotion efforts. Program Allocation: $181 million goes to 68 organizations via MAP, while $31 million supports 18 groups under FMD. Competitive Pressure: Enhanced U.S. marketing may slightly pressure Black Sea exporters in overlapping destination markets. Freight & FOB Impact: Potential shifts in sourcing…
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Ukrainian Feed Barley Prices Steady Amid Tight Exports
Stable domestic bids: Ukrainian feed barley prices held at UAH 9,000–10,200/t CPT, with southern regions at the upper end of the range. Firming port values: Export prices in ports inched up to USD 218–226/t CPT on tightening availability. Limited farmer selling: Producers remained reluctant to sell despite strong trader demand, supporting price levels. Sentiment: Overall…