International trade - Fork Cast

As of January 20, 2025, 288.6 thousand tons of grain are stored at 4 grain bases of the company TOO "Astyk koymalary". In 2024, the volume of grain acceptance increased to 411.7 thousand tons. Soft wheat of the 3rd grade formed the basis of the crop. A total of 346.4 thousand tons of grain and oilseeds were sent.

The opinion of the Grain Producers Association of Canada on the deal of Bunge's acquisition of Viterra: the Minister of Transport's decision does not ensure competition protection, selling part of the shares will not solve the problem, potential losses for farmers up to $770 million per year, the deal will cause issues in the market and will require review. Bunge will buy Viterra for $6.2 billion in stocks and $2 billion in cash.

The sunflower oil market in Ukraine is stable.

Exporting companies were interested in the oil stocks, which could affect purchasing prices. Consumers continue to show moderate interest, with prices ranging from 21000 to 23500 UAH per tonne including delivery.

Company "EPT" plans to supply 26 million tons of grain to Iran from 2024 to 2035, with the possibility of increasing the volume to 55 million tons. The agreement is signed with the Iranian company IranianEurasia.

The project aims to increase trade turnover and develop the "North-South" transportation corridor.

Algeria is building 350 new grain storage facilities to increase grain imports, particularly from Russia. The country plans to increase its grain storage capacity from 3.4 to 9 million tons. Experts highlight the advantages of Russian grain due to its quality and price, unlike French grain, whose shipments have decreased by 85%.

The international conference KazOil-2025 will be held in Astana with the support of NAPMK. The association unites enterprises in Kazakhstan to develop the oil and fat industry, ensuring the country's food security and strengthening exports.

In the 2024/25 year, the production of refined oil increased by 17%, while unrefined oil increased by more than 8,000 tons. NAPMK plans to increase the production of refined oil and launch new projects for its processing.

The International Grains Council (IGC) has revised down its forecast for global corn production by 7 million tonnes to 1.218 billion tonnes, below consumption levels in 2023/24. Consumption has risen to 1.239 billion tonnes.

The forecast for global corn exports in 2024/25 has increased to 181.6 million tonnes, with the largest growth expected in the US and Ukraine.

In 2024, the export of sunflower oil from the Krasnodar region increased by 37%. More than 1.8 million tons of oil were shipped to 21 countries, including India, Turkey, and Egypt.

The volume of supplies to Iran in 2023 accounted for 12% of the total export.

In 2024, rapeseed harvest in Russia reached a record level of 4,660.2 thousand tons, showing a growth of 10.9% due to an increase in sowing areas. However, the yield decreased by 13.9%.

Krasnoyarsk Krai leads in rapeseed collection, followed by Altai Krai.

New restrictions from KTZH: from January 11 to January 20, grain cargoes are not accepted and empty wagons are not processed through Altynkol station. Penalties for failure to meet the transportation plan are waived.

Ukraine exported 22.442 million tons of grain in the 2024/25 season. In January, they shipped 705 thousand tons. A year earlier, 19.422 million tons were exported, with 1.03 million tons in January.

Of the total, wheat accounted for 9.977 million tons, barley - 1.976 million tons, rye - 10.8 thousand tons, corn - 10.162 million tons. Flour exports reached 38.1 thousand tons, including 35 thousand tons of wheat flour.

It is unclear what the harvest will be in the spring of 2025 due to the climate. Farmers are forced to borrow money to pay for agronomic needs. The crop in the south of Russia is currently stable, but there may be problems with competition from exporters due to logistical difficulties. A critical crop failure is unlikely.