ALL AGRI #prices

Rising prices for sunflower oil in Ukrainian ports have allowed for higher purchase prices for sunflower

Over the past several weeks, conditions in South America have stabilized or improved slightly, so we do not expect any substantial production adjustments in next week’s report.

Market Forecast Driven by increasing demand for milled rice in Africa, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.2% for the period from 2024 to 2035, which is projected to bring the market volume to 64M tons by the end of 2035.

Global prices of pulses have plunged to record lows as major producers — Canada, Australia, Russia, and several African nations — compete aggressively for market share. A surge in production, improved harvests, and a race to secure international buyers have flooded the market with supply, driving prices down.