Author: Viktoriia Ray
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Russian Wheat Exports Jump 59% in February
Export surge: Russian wheat exports for February 2024 are forecast at 3.3 million tons, up 59% year-on-year from 2.07 million tons. Back to normal levels: Projected exports are in line with the five-year February average of 3.27 million tons, signaling normalized Black Sea flows. Bearish for prices: Strong export momentum and ample Black Sea supply…
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Georgia Grain Transit Corridor Boosts Kazakhstan Flows
Georgian ports nearly double throughput: Combined port traffic rose from 13 million tons in 2022 to a record 25 million tons via Batumi alone in 2025, underscoring Georgia’s emergence as a key grain transit corridor. Rail bypass boosts capacity and speed: A new bypass route through the pass has increased Georgian railway capacity and reduced…
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US Soybean Oil Inventories Hit 19-Month High
Inventories Surge: US soybean oil stocks climbed to 988,000 tonnes by end-December, a 22% rise since the season start and the highest level in 19 months. Demand Softens: Soybean oil consumption fell to 12.2 million tonnes in 2025 from 12.4 million tonnes a year earlier amid persistent biofuels sector weakness. Crushing at Record Pace: Record…
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Kazakhstan Pakistan Trade Agreements Boost Logistics
Logistics Deepening: Kazakhstan and Pakistan signed 32 commercial agreements worth $189.8 million, strengthening regional supply chain links across logistics, energy, and infrastructure. Agro-Industrial Expansion: A $20 million joint venture for sugar production in Kazakhstan’s Zhetysu region underlines growing regional food processing capacity and value-added exports. Freight Implications: Multimodal cooperation between Kazakhstan Temir Zholy and Pakistan’s…
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Kazakhstan Grain Exports Surge via Caspian Routes
Logistics Diversification: Kazakhstan is expanding use of Trans-Caspian grain routes to Europe and North Africa, reducing reliance on traditional Black Sea lanes. Stable Russian Flows: Rostov-on-Don handled over 8 million tons and 3,800 vessels in 2025, confirming resilient export activity with wider reach into Asia and Africa. Oilseed Ambitions: Planned investment in Caspian oil-loading terminals…
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Russian Rapeseed Oil Exports Surge 37% in 2025
Exports surge: Russian rapeseed oil exports jumped 37% in 2025 to 1.58 million tons, with revenue up 54% to over $1.6 billion. China dominates demand: China took 90% of Russian rapeseed oil exports (1.4 million tons), 6.5x higher than 2019 levels. New markets emerging: Iran, North Korea, Morocco, Mauritius, and India expanded or resumed imports,…
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Russian Corn Quality Standard Boosts Black Sea Exports
Structural upgrade: Russia’s first national corn quality standard, GOST 35245-2025, took effect on 1 January 2026, formalizing technical conditions for corn grain and cobs. Regional harmonization: Adoption by Belarus, Kazakhstan, Armenia, Kyrgyzstan, and Uzbekistan creates a unified corn quality framework across key Black Sea and Central Asian exporters. Export competitiveness: Expanded criteria for quality, logistics,…
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Ukrainian Wheat Exports Rise on Egypt & Turkey Demand
Key Takeaways Prices edge higher: Ukrainian grade 3 milling wheat export prices rose USD 1–3/ton after a prolonged period of stability. Port quotations strengthen: Greater Odessa ports quote USD 208–216/ton CPT, Danube ports USD 207–214/ton CPT as of February 4, 2026. Stronger MENA demand: Increased buying interest from Egypt and Turkey supported the uptick. Reduced…
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Russian Grain Exports Fall 18.9% in January 2026
Exports Decline: Russian grain exports fell 18.9% year-on-year in January 2026 to 2.99 million tonnes, driven mainly by steep drops in corn and barley shipments. Logistics Strain: Kazakhstan’s rail bottlenecks, with railcar idle times above 10 days at Kostanay, are creating significant delivery risks and cost pressures for regional exporters. Price Competitiveness: Russian wheat remains…
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Ukrainian Sunflower Oil Production Forecast Falls to 4M
Key Takeaways Output Drop: Ukrainian sunflower oil production is forecast at 4 million tons, well below pre-war levels of 5–6 million tons. Smaller Seed Harvest: Sunflower seed output has fallen to about 10 million tons from around 16 million tons before the conflict. Tighter Exports: Limited export availability is expected to support sunflower oil prices…
