Articles By Yana Sukharska
Ukraine exported 912,000 tonnes of grains during the week ended Thursday January 16, up by 152,000 tonnes, or 20%, from the previous week, according to data released by the country’s State Customs Service on Friday January 17.
With the 2024/25 marketing year at its halfway mark, grain exports from Ukraine continue to surprise even as the country faces the prospect of entering its a third year since Russia began its brutal, full-scale invasion in February 2022.
The United Nations Food & Agriculture Organization (FAO) Food Price Index (FFPI) for December decreased by 0.5%, or 0.6 points, month on month in December from November’s 127.6 points, the FAO reported on Friday January 3.
Ukrainian exports of sunflower oil and sunflower meal declined during the week to January 1, while soybean and rapeseed exports increased, according to data released by Ukraine’s Ministry of Agrarian Policy on Thursday January 2.
The end of the 2024 calendar year means that, for the world’s biggest wheat exporter Russia, the 2024/25 marketing year is now almost halfway through and some big shifts in Russian export dynamics are already becoming obvious, Fastmarkets analysis of Russian export data shows.
Global trade for agricultural products through tenders had a significant downturn in 2024, with total volumes falling drastically compared with 2023. The year was marked by economic challenges, geopolitical instability and shifting procurement strategies, which drove tender activity across wheat, corn and barley to new lows.
Fastmarkets commits to publishing daily the bids, offers, indicative levels or other cash trading indications on any basis and geography related to any vital markets with strong ties to Ukraine.
Russia's weekly wheat export volumes from Black Sea ports dropped to 469,574 tonnes in the week ended Thursday December 19, down sharply by 47% from 887,440 tonnes the previous week, data from Fastmarkets’ research team showed on Friday December 20.
Ukraine exported 955,000 tonnes of grains during the week ended Thursday December 19, marking a significant increase of 456,000 tonnes, or 91%, compared with the previous week, according to data released by the country’s State Customs Service on Friday December 20.
EU oilseed crushing volumes totaled 3.2 million tonnes in November, showing a slight decline of 1.4% from 3.277 million tonnes in October, according to data released by the EU vegetable oil and protein meal association, FEDIOL, on Thursday December 19.
A correction has been issued for this report.
Ukrainian exports of sunflower oil, rapeseed and soybeans declined during the week to Wednesday December 18, while sunflower meal exports increased, according to data released by Ukraine’s Ministry of Agrarian Policy on Thursday December 19.
The EU imported a total of 353,873 tonnes of soybeans in the week ended Sunday December 15, pushing the yearly total to 6.27 million tonnes, which represents a 16% increase compared with the previous year, based on preliminary data from the European Commission.
Winter crops across most of Europe are in fair to good condition, although regions such as Romania, Bulgaria, eastern Ukraine, and European Russia face challenges with underdeveloped crops due to prolonged dry topsoils, according to the latest EU Monitoring Agricultural Resources (MARS) report.
Russia’s weekly wheat export volumes from Black Sea ports fell to 887,440 tonnes in the week to Thursday December 12, down by 6% from 949,088 tonnes the previous week, data from Fastmarkets’ research team showed on Friday December 13.
South Korea’s state-backed Agro-Fisheries & Food Trade Corp has finalized the purchase of approximately 50,000 tonnes of non-genetically-modified (non-GMO) soybeans in an international tender that closed on Friday December 13, European traders have reported.
Ukraine exported 499,000 tonnes of grains during the week ending Thursday December 12, marking a weekly decrease of 375,000 tonnes (43%) compared to the previous week, according to data released by the country’s State Customs Service on Friday December 13.
Canada’s grain and oilseed exports totaled 899,100 tonnes during the week to Sunday December 8, a decrease of 639,900 tonnes, or 42%, from 1.54 million tonnes the previous week, according to data from the Canadian Grain Commission published on Thursday December 12.
Saudi Arabia's state grain importer, the General Food Security Authority (GFSA), has issued a tender for 595,000 tonnes of milling wheat for February-April arrival in its sixth tender of 2025, according to an official note published on Thursday, December 12.
Fastmarkets commits to publishing daily the bids, offers, indicative levels, or other cash trading indications on any basis and geography related to any vital markets with strong ties with Ukraine.