oilseeds market

Record-breaking heat across Europe has had only a limited impact on early grain crops, but corn losses are expected. Ukrainian grain could help offset these shortages, although export opportunities will largely depend on logistics.

When forecasting grain prices, market participants now take into account not only weather conditions and the balance of supply and demand, but also the geopolitical situation. The military conflict in the Middle East and the threat of a blockade of the Strait of Hormuz may have long-term consequences for the global grain market.

Ukraine can become a key supplier of soybeans to the European Union due to its large production volumes and readiness to comply with new requirements.