Russian drone and missile attacks on Ukrainian port infrastructure have severely disrupted grain trading, with shipowners increasingly refusing to call at the country's terminals and market participants warning of mounting logistical challenges, sources told Fastmarkets on Wednesday July 15.

A practical read on where US wheat and corn supply stands as the season progresses, and what the second half of the year could hold for buyers in food, animal feed and pet food.

Use our interactive table to track the tariff and geopolitical impact on corn, soybeans, soybean oil, wheat, tallow and distillers corn oil prices, with Fastmarkets price data and analyst commentary behind every figure.

Discover what food and beverage commodity intelligence really means and why independent benchmarks give procurement teams the credibility to challenge costs and defend budgets.

Fastmarkets’ weekly recap of the main movements in global cash markets.

In the latest short episode of Fast Forward, Fastmarkets grain market reporter Masha Belikova explores the key forces shaping wheat pricing across the Black Sea region and why prices have remained unexpectedly firm despite strong crop expectations.

US wheat futures and Euronext contracts were mixed on Tuesday June 16, with most US contracts moving lower, while Chicago soft red winter wheat futures posted gains. Euronext contracts also moved higher during the session. Global cash markets remained subdued, with limited activity as buyers largely stayed on the sidelines. Black Sea wheat prices are starting to trend lower under seasonal harvest pressure, while Australia, Europe and Argentina were broadly steady.

Soybean and soybean meal futures continued to ride on the coattails of the bullish National Oilseed Processors Association (NOPA) crush report on Tuesday June 16, with market chatter that China is bidding on — or indeed may have already bought — US beans for February, giving much-lauded impetus to further increases in futures markets over the period.

Soybean oil bases in Argentina and Brazil hit a record spread to their counterpart in the US Gulf on June 1, with a mix of biofuel policies, harvest pressures and export competition against rival oils creating massive regional divergences, although the spread decreased by the end of last week amid a CME soyoil futures sell-off.

EU wheat exports reached 19.23 million tonnes as of May 31, according to European Commission data, yet weekly flow data from Rouen port collapsed 66.6% to 72,923 tonnes in the week to June 3, pointing to a sharp deceleration in physical trade.