Grain
USDA raises forecast for wheat harvest and exports from Ukraine
The US Department of Agriculture (USDA) has raised its global wheat production forecast for the 2026/27 MY to 820.06 million tons.
The Ministry of Economy has set minimum export prices for June
The minimum price for rapeseed on CPT increased by $42/t to $360/t, on FOB and CIF – by $26/t to $488/t.
Black Sea freight stagnates due to low number of deals
Market activity has fallen due to an industry event in Greece — the number of deals concluded was too small to determine the direction of rates.
The invaders plan to increase grain exports through the Berdyansk port
This year, the Russian invaders intend to export 2.5 million tons of grain from the port of Berdyansk.
200 million tons of cargo transported through the Ukrainian maritime corridor
Since September 2023, 200 million tons of cargo have been transported through the Ukrainian maritime corridor, and the total number of processed vessels has exceeded 7,800.
Grain prices at Ukrainian ports continue to fall
Export corn on CPT Odesa terms fell to $228/t, while wheat prices remained unchanged.
Grain prices in ports have stabilized: corn — $229, wheat — $222 CPT Odesa
According to the results of the last week of May, the physical grain market reacted to external pressure more restrainedly than the stock exchange.
The queue of wagons heading to ports is decreasing despite the growth of rail exports
The flow of goods towards seaports is weakening, despite the positive dynamics of rail exports in general.
Over 2 million tons of grain were exported by rail in May
92% of the specified volume of grain cargo was transported to the ports of Ukraine.
A representative of Polish farmers said that Ukrainian agricultural products are crowding them out of the market
One of the representatives of the Polish farmers’ protests called Ukraine a “huge competitor” in the markets of Western Europe.
