The market for oilseeds continues to show weak dynamics: sellers are active, while buyers mostly remain in a waiting position. This creates an imbalance between supply and demand, putting pressure on prices. This was reported by Spike Brokers.
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Yes, sunflower prices continue to decrease, creating a weak market for sellers. Against the backdrop of low activity and uncertainty about future demand from processors, farmers, on the contrary, show a high willingness to sell.
The latest indications for sunflower buyers for the 2024 harvest are $530-540/ton, for the 2025 harvest – $510-520/ton including VAT. The rapeseed market remains volatile due to expected supply, high demand, and farmers’ passivity. New crop rapeseed was traded at $505-515/ton on a DAP port basis.
Demand in the domestic soybean market remains limited, leading to a moderate price decrease. In the ports of Odessa, the price of GMO soybeans is $384-386/ton DAP, non-GMO for the 2025 harvest – €420-425/ton.