16.05.2025 | WORLD EXPORTS OF PALM OIL ROSE 900 KMT IN APR/SEP 25 | Oilworld
World exports of palm oil are seen rising by 0.9 Mn T in April/Sept 2025, favoured by rising production and improved price competitiveness. In Jan/March they still declined by 0.56 Mn T.
16.05.2025 | STRATEGIE GRAINS RAISES EU GRAIN HARVEST FORECAST | Zerno Online
Consulting agency Strategie Grains has increased its forecast for the EU grain harvest in the 2025/26 season by 3.4 million tonnes to 278.6 million tonnes, which is 8.9% more than what was harvested in the current season. The forecast for the gross harvest of soft wheat is 129.8 million tonnes (+14.7% compared to the current season), barley – 52.4 million tonnes (+5.4%).
16.05.2025 | UKRAINIAN CORN MARKET UNDER PRESSURE FOR THE PAST 2 WEEKS | Latifundist.com
The Ukrainian corn market has been under pressure for the past two weeks — prices have fallen by about $15/t from $243 to $225–228/t DAP. The main reason is overheated Turkish demand, which is currently being exhausted. This was stated in a comment to Latifundist.com by Andriy But, Director of the Foreign Economic Activities Department of the AGROTRADE Group.
“Ukrainian corn was the most expensive in the world, largely due to the active demand of Turkey, which bought both for itself and for re-export,” he explains.
“Because of this, other traditional importers — Egypt, Italy, Spain — were practically ignored.
The Ukrainian corn market has been under pressure for the past two weeks — prices have fallen by about $15/t from $243 to $225–228/t DAP. The main reason is overheated Turkish demand, which is currently being exhausted. This was stated in a comment to Latifundist.com by Andriy But, Director of the Foreign Economic Activities Department of the AGROTRADE Group.
On May 1, Turkey issued a quota for the import of 1 million tons of corn with a reduced zero duty instead of the usual 5%. The market initially reacted positively to the news, expecting additional demand.But in fact, half of the volumes had already been purchased or imported to Turkey earlier – the undeclared grain was waiting in warehouses. The actual additional need was no more than 500 thousand tons.
Then the Turkish state agency TMO announced the sale of 200 thousand tons of corn from domestic reserves, which cooled the market even more. Buyers slowed down, domestic prices in Turkey fell, and after them the purchase rates in Ukraine also decreased.
“That is, in order for the price of corn to go up again, we need to understand how strong the demand from Turkey is still. Because basically all other countries will focus on South America. There is not much time left – the end of May, June, July – and there will already be a new harvest there,” the expert notes.
He added that the news about the EU reducing the import quota for Ukrainian corn does not put as much pressure on the market as the possible introduction of a quota for wheat.
“This quota will be quickly selected and, as far as I understand, there will really be duties on wheat. That is, Ukraine will not send a lot of wheat to Europe. This is probably a bigger problem than for corn. Corn will still go, because the EU imports a lot of corn and it has to be taken from somewhere.”
15.05.2025 | KAZAKHSTAN FOR FIRST TIME EVER RANKS AMONG TOP 10 VEGETABLE OIL EXPORTERS | Qazinform
For the first time ever Kazakhstan ranked 8th among the Top 10 vegetable oil exporters in 2024 and ranked among the Top 3 sunflower meal leading exporters to the European Union.
Sunflower oil, sunflower meal and cakes export earnings reached 562 million US dollars. Kazakhstan plans to increase its income up to 1 billion US dollars a year in the near future.
Currently, Kazakhstan fully meets the domestic market, stabilizes prices and boosts its oil exports. Kazakhstan exports sunflower oil to Central Asia and China and plans to expand its deliveries to the Middle East.
14.05.2025 | THE UKRAINIAN EXPORT MARKET CONTINUES TO SHOW A DOWNWARD TREND IN PRICES FOR WHEAT BRAN | APK-Inform
According to data from APK-Inform, a downward price trend for pelleted wheat bran continues at Ukrainian ports this week. This trend was driven by a similar situation in the markets of key importers and a decline in purchasing activity from export-oriented companies.
14.05.2025 | SUNSEED PRICES IN UKRAINE FALL AMID SEASONAL INCREASE IN SUPPLY | GrainTrade
The seasonal increase in sunflower oil supplies from Argentina and Russia is putting pressure on the prices of Ukrainian sunflower oil, which has led to a decrease in purchase prices for sunseed.
Argentina harvested a record 4.7 million tons of sunseed this year, so Indian buyers have increased their imports of Argentina sunflower oil. At the same time, Russian oil has also started to fall in price amid a decrease in export duties and sunseed prices in Russia.
According to IKAR, from April 21 to May 11 in Russia, against the backdrop of a seasonal increase in offers from farmers and a strengthening of the ruble, prices for sunflower seeds fell by 1% to $400-420/t (excluding VAT), and for sunflower oil – by 0.5% to $910-940/t (excluding VAT), but the processing margin still remains negative.
The halving of the export duty on sunflower oil compared to March led to a drop in export demand prices for Russian sunflower oil for delivery in May to $1,075-1,100/t FOB.
In Ukraine, export prices for sunflower oil dropped to $1,110-1,115/t with delivery to Black Sea ports and to $1,150-1,170/t DAP Germany and Macedonia amid increased competition with Argentine and Russian oil in the Indian market and falling demand from European buyers due to lower prices for crude oil and rapeseed oil.
During the week, prices for sunseed with 50% oil content remained at the level of 26,000-26,700 UAH/t ($550-565/t excluding VAT) with delivery to the plant, but the number of offers from producers increased. The processing margin remains low or negative, so small processors continue to stand idle. In addition, the number of plants with a processing capacity of 20-150 tons/day put up for sale has increased.
Favorable precipitation in Eastern Europe, Ukraine and Russia is improving conditions for sowing and development of sunflower crops, which will allow for an increase in the area sown, reducing the area under soybeans, which was less profitable this season. This will also increase the pressure on prices of sunflower oil for the new crop.
A 7% increase in oil prices over the week has supported soybean oil prices, while palm oil prices remain under pressure from rising production and inventories. In the near future, importers will increase their purchases of cheap palm oil, which will limit the rise in sunflower oil prices.