Price: €11.00
Member Price: €0.00

Grains and oilseeds: Ukraine stages incredible export recovery

February 9, 2024 at 11:01 AM , Der AUDITOR
Play report as audio

BRUSSELS. Ukraine’s exports have recovered to an incredible degree for wheat and corn. China’s soybean stocks have slumped by 19% and Tallage expects EU rapeseed production to decline in 2024/2025.

International demand for wheat declines sharply

Wheat has continued to slide on the back of sluggish international and sluggish European demand. Even Russia is struggling to sell prompting the quotations for 12.5% wheat to drop to USD 228/mt FOB Black Sea ports. As the Grain Union reports Russia’s exports stood at 405,600 mt on 05 February, which is 48% down on last year. Remaining export supplies range at 24.6 million mt. Egypt and Turkey have bought less, whereas shipments to Mexico are up. Algeria is increasingly turning to Russia rather than France.

View related articles

Go to the News Overview
Oilseeds
Jul 10, 2025
ASTANA. A recovery in crops and EU tariffs on Russian flaxseed imports have caused Kazakhstan's flaxseed exports to double. Around 74% of exports went to China and Belgium.
Oilseeds
Jul 10, 2025
NEW DELHI/BRASÍLIA. Growers in India were able to start Kharif sowing early. South Korea has published a new sesame seed tender. The crop in Brazil is of impressive quality.
Oilseeds
Jul 9, 2025
SOFIA/KYIV. Rainfall brought some relief to European growing regions after a period of hot, dry weather. This is good news for the sunflower seed crop. The EU imported around 20% less sunflower seeds from third countries in the 2024/2025 season.
Nuts
Jul 7, 2025
NEW DELHI/BUENOS AIRES. While sowing is being expanded in key Indian growing regions, Argentina is attracting buyers with favourable prices for feed peanuts. Export prices in India remain largely stable.