Author: Viktoriia Ray
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Black Sea Sunflower Oil Prices Reach Record $1,420/t
Sunflower oil rally: Black Sea sunflower oil surged $30.00/t to a record $1,420.00/t, driven by strong Indian demand and tight supply. Mixed soy complex: Soybean oil and soybean prices mostly firmed, but soybean meal showed sharp regional divergence, with EU prices falling and China strengthening. Pressure on rapeseed & palm: Rapeseed oil FOB Netherlands fell…
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Azov-Black Sea Freight Rates Rise as Tonnage Tightens
Post-holiday rebound: Azov-Black Sea freight rates rose in week 3 as grain trade normalized and demand recovered after New Year holidays. Cost support factors: Kerch Strait delays and a shortage of spot tonnage are pushing freight rates higher across key Black Sea and Mediterranean routes. Zero export duties: Russia’s wheat, barley, and corn export duties…
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Brazil Soybean Exports Hit Record 3.73M Tonnes
Record January exports: Brazil’s soybean exports are forecast at 3.73 million tonnes, surpassing the previous January record of 2.85 million tonnes in 2024. Delayed shipments: December rain disruptions shifted volumes into January, with only 0.6% of the 2025/26 crop harvested by January 8 but supported by large carryover stocks. Strong production outlook: Brazil’s 2025/26 soybean…
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Russian Barley Exports Start 2026 from Volga to Iran
Logistics boost: Extended Volga River navigation into January allows Russia to maintain grain export flows, including barley, despite the winter season. Stable demand: Iran’s 2,500-ton feed barley purchase confirms ongoing demand for Russian barley, supporting neutral to slightly bullish sentiment. Supply outlook: Volgograd’s 2025 barley harvest of 251,800 tons at 1.74 t/ha suggests adequate regional…
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Kazakhstan Wheat Exports Surge 29% as USDA Raises Forecast
USDA upgrade: Kazakhstan’s 2025/26 wheat export forecast raised to 9.5 million tonnes on stronger early-season shipments. Export surge: September–November 2025 wheat exports jumped 29% year-on-year to 2.34 million tonnes. Uzbekistan demand: Uzbekistan imported 1.47 million tonnes of Kazakh wheat in three months, cementing its role as Kazakhstan’s key buyer. Ample regional supply: Stable Kazakh production…
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Kazakhstan Winter Wheat Survives Early January
Crop resilience: Winter wheat in southern and southeastern Kazakhstan overwintered safely in early January, with no reported freeze damage. Weather support: Air temperatures ran 2–4°C above normal, maintaining tillering node temperatures mostly above critical thresholds across key regions. Moisture risk: Below-normal precipitation and thin snow cover (<5 cm) in some areas pose localized risk if…
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South Korea Soybean Meal: 120,000 Tons Secured
South Korea secures 120,000 tons: KFA and NOFI jointly booked soybean meal for delivery through May 2024, locking in supply at competitive C&F prices. Multi-origin vs. South America-focused: KFA diversified origins (US, China, South America), while NOFI concentrated exclusively on South American supplies. Benchmark pricing for Asia: Deals at $371.71–$373.80 per ton C&F set a…
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Russian Oat Exports Hit Record $62M in 2025
Record Export Revenues: Russian oat exports reached nearly $62 million in 2025, surpassing the previous record of $59.3 million set in 2024. China-Driven Demand: China accounted for over $56 million of imports, more than 90% of total Russian oat export value. Strong Production Growth: Domestic oat output rose 25.8% year-on-year to 3.8 million tons, supported…
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Russian Soybean Production Soars – Tambov Hits 750,000 t
Tambov Region harvested over 750,000 tons of soybeans in 2025, a 1.7x year-on-year increase. Yields jumped 53% to 28.6 centners/ha, from 18.7 centners/ha in 2024. Region now ranks fourth nationally in Russian soybean production and second for yield growth. Market impact assessed as neutral to slightly bearish for Black Sea soybean markets. Russia’s Tambov Region…
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Jordan Feed Barley Secured at $273.50/MT
Jordan’s MIT purchased 60,000 tonnes of feed barley from Cargill at $273.50/MT C&F, covering only half of its planned tender volume. Bunge’s competing offer at $278.45/MT C&F was $4.95/MT higher, highlighting tight competition in the tender. The reduced purchase volume and competitive pricing are neutral to slightly bearish for Black Sea barley exporters, who face…