Author: Viktoriia Ray
-

NOFI Feed Wheat Tender: Russia Excluded, Prices Set
Neutral corn impact: NOFI secures 68,000 tons of corn at $278.49/ton C&F with open origin, keeping Black Sea corn opportunities intact. Bearish Russian wheat: Wheat tender explicitly excludes Russian origin, curbing Black Sea wheat export potential from Russia. Tighter wheat pricing: Feed wheat bought at $292.99/ton C&F, about $14.50/ton above corn, reflecting standard feed grain…
-

Ukraine Export Credit Agency Backs UAH 6.25B Exports
UAH 6.25 billion in Ukrainian export contracts were supported by the Export Credit Agency during January–April 2026. Raiffeisen Bank-led financing accounted for UAH 4.6 billion, making it the dominant banking partner. Khmelnytskyi region dominated export support with UAH 4.6 billion, far ahead of Lviv and Chernihiv regions. Germany, Poland, and Hungary were the main destinations,…
-

Kazakhstan Winter Wheat Yields Near Long-Term Average
Kazhydromet projects winter wheat yields near long-term averages across major producing regions, implying stable output expectations. Above-normal yields are forecast for Shardara and Kazygurt districts in Turkestan region, offering localized production strength. Market impact is neutral to slightly bearish for Black Sea wheat prices as average Kazakh yields reduce supply uncertainty. Traders are awaiting the…
-

Kazakhstan Sunflower Oil Exports Surge into Top 5
Trade momentum: Kazakhstan’s Q1 2026 trade turnover rose 10.5% year-on-year to $32.9 billion, with non-resource turnover up 13.5% to $20.4 billion. Export upgrade: Sunflower oil entered the top 5 non-resource exports as non-resource exports expanded 23.4% to $6.9 billion, underscoring a shift toward processed agri-products. Industry consolidation: Over 50 oil mills covering more than 90% of fats and…
-

Russian Millet Exports Surge 52% in 2025/26
Export Surge: Russian millet exports for 2025/26 have already reached 94,000 tons, exceeding last season’s full-year volume and the five-year average. Middle East Demand: The Middle East now leads as the primary buyer with 45,000 tons shipped, up 55% year-on-year, with Turkey’s intake more than tripling. Market Diversification: Exports to Asia and Africa are rising,…
-

Palm Oil Export Cuts to Push Vegetable Oil Prices Higher
Bullish: A 2-million-tonne drop in palm oil exports from key suppliers is expected to tighten global vegetable oil supply and support higher prices through September. Bullish for Sunflower Oil: Reduced palm oil availability should redirect demand toward Black Sea sunflower oil, improving its price competitiveness in Asia and Africa. Structural Support: Increased biodiesel production in…
-

Revamp Uzbekistan Rail Freight Tariffs to Win Grain Transit
Strategic tariffs: Uzbekistan is being urged to introduce flexible, competitive rail freight tariffs and bundled logistics services to retain agricultural transit flows. Route efficiency focus: Freight carriers increasingly prioritize speed, reliability, and predictability over pure distance when choosing Central Asian transit corridors. New southern corridor: Development of a logistics complex at Bolashak station is set…
-

Global Soybean Exports Surge 10% in 2026
Global Trade Expansion: Soybean exports reached 63.71 million tonnes in Jan–Apr 2026, up 10% year-on-year, underscoring strong South American supply and Asian demand. Brazil & China Dominate: Brazil shipped 40.24 million tonnes year-to-date while China imported 38.08 million tonnes, reinforcing their roles as the key global supplier and buyer. Growing Emerging Market Demand: Imports rose…
-

Kazakhstan Grain Export Duty: $30/Ton Shock to Exporters
Policy risk: Kazakhstan is considering new export duties of $30/tonne on wheat and barley and 20% (min EUR 50/tonne) on flaxseed and rapeseed. Market uncertainty: The proposal is adding volatility and hesitation among exporters and traders in an already fragile market. Neutral to bearish exports: Higher costs could erode Kazakhstan’s competitiveness in Black Sea and…

