International trade - Fork Cast

For the week of January 23-29, the volume of wheat shipped from the Port of Rouen decreased from 11.4 to 9.5 thousand tons. There has been a decrease in shipments since the beginning of the month.

The total volume of grain shipments by sea from Haropa in 2024 decreased by 4% to 7.08 million tons compared to 2023.

In 2024, Tajikistan increased its imports of food: wheat, rice, dairy products, and meat due to the growth of domestic production. The import of wheat increased by 41 thousand tons to 1.1 million tons. The country's demand for wheat is over 2 million tons, of which 1 million tons is covered by domestic production. Tajikistan is the second largest importer of Kazakh wheat, increasing its purchases to 1.14 million tons.

The grain agency of Tunisia has successfully held a tender to purchase 100,000 tons of soft and hard wheat of various origins.

Buildcom and Cargill have won the tender for the purchase of soft wheat, while Viterra, Casillo, and Amber have won for the purchase of hard wheat.

The deliveries will be made from March 1st to April 5th, 2025.

The Ministry of Agriculture is creating an educational system for the rural sector: from agricultural classes to higher educational institutions. The head of the department, Oksana Loot, plans to fill the labor shortage. Mr. Kashin notes problems with living conditions in rural areas and improvements. It is important to develop rural areas and ensure their funding.

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.