Author: Viktoriia Ray
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Kazakhstan Sunflower Export Duty: Cuts Recommended
Policy shift likely: Kazakhstan’s APDC has recommended a gradual reduction of sunflower export duties after finding the current structure inappropriate and harmful to producers. Export decline risk: Sunflower seed exports from Kazakhstan are projected to fall by about 20% by the end of 2025 under existing restrictive measures. Farmer margin squeeze: Pavlodar region growers are…
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Ukraine Oilseed Processing to Hit Record High in 2025
Record Processing: Ukraine targets all-time high processing of 3 million tons of soybeans (60% of crop) and 1.7 million tons of rapeseed (50% of harvest) in 2025/26. Export Revenues Rising: Soybean oil output and exports grew over 22% year-on-year, with foreign exchange earnings from soybean and rapeseed oil up 1.5–2.2 times. Policy-Driven Shift: Export duties…
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Russian Wheat Exports Surge 64% in February
February surge: Rusagrotrans raised February 2025 wheat export forecast to 3.4 million tons, up 125,000 tons and 64% above February 2024. Season lagging: July–January exports total 29.7 million tons, still 8% below last season’s pace. Buyer reshuffle: Turkey and Iran sharply increased purchases, while Egypt and Bangladesh scaled back, signaling shifting demand and rising competition.…
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Global Sugar Prices Plunge to Five-Year Low
Bearish sugar complex: Raw sugar futures hit a five-year low at 13.86 cents/lb, down roughly 35% year-over-year on the back of record harvests and global oversupply. Mixed but resilient oilseeds: Sunflower oil FOB Black Sea held firm at $1,305/t while soybean meal strengthened across major origins, offsetting weakness in palm and rapeseed meal. Firm regional…
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Russian Grain Shipments to Armenia Resume via Azerbaijan
Neutral to Slightly Bullish: Regular grain rail shipments from Russia to Armenia via Azerbaijan diversify export routes and reduce reliance on Black Sea logistics. Logistics Efficiency: Digitization and data exchange with Azerbaijan and Iran enable paperless transit and real-time tracking across the North-South Corridor. Competitive Tariffs: Preferential freight rates on the corridor’s eastern route are…
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Kazakhstan Sunflower Seeds Export Duty to Be Reduced
Key Takeaways Policy Shift: Kazakhstan’s competition authority has recommended a gradual reduction of the €100/ton sunflower seeds export duty after deeming it economically unviable. Farmer Squeeze: Sunflower farmers face losses as processors deduct the full €100/ton duty from domestic purchase prices, while exports have fallen 20% and warehouses are overflowing. Trade Flows: A duty rollback…
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Jordan Feed Barley: 50,000t at $284/Tonne
Price Benchmark: Jordan secured 50,000 tonnes of feed barley at $284/tonne C&F, setting a key reference level for Mediterranean barley values. Partial Volume: Only half of the planned 120,000 tonnes was purchased, signaling cautious demand and potential for a follow-up tender. Tight Spread: Competing offers were clustered between $286.45 and $290/tonne C&F, highlighting limited seller…
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Crimea Grain Exports Up 33% in 2026 — New Quotas
Quota Expansion: Crimea plans to increase grain export quotas for 2026 by about one-third, adding 400,000 tons of wheat and 150,000 tons of barley. Oilseed Diversification: Additional export quotas under negotiation include 10,000 tons of sunflower and 15,000 tons of rapeseed, opening a new export direction. Stable Destinations: Egypt, Oman, Libya, and gradually Syria remain…
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Ukrainian Corn Prices Rise as Supply Tightens
Bullish: Ukrainian feed corn prices at Black Sea ports gained USD 1-2/t week-on-week to USD 207-217/t CPT on tight farmer selling and strong buyer competition. Bearish: USDA’s unprecedented upward revision to U.S. 2025 corn acreage triggered a 5.4% futures drop and heightened uncertainty around official supply data. Volatility: Eroding confidence in USDA statistics may shift…
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Russian Wheat Exports Rally Despite Black Sea Delays
Bullish: USDA cut global wheat stocks below expectations, while Russian export demand from Turkey and Iran remains strong despite logistics issues. Bearish: Black Sea port congestion, oversupplied global grain markets, and aggressive competition from Argentina cap upside for international wheat prices. Global Wheat Market Overview Global grain markets were mixed as the USDA’s February WASDE…