Grain flows into the Persian Gulf have been displaced but not discontinued by the war between Iran and the US which has closed the Strait of Hormuz, according to data from shipbroker Simpson Spence Young (SSY) and Brazilian customs, seen by Fastmarkets on Tuesday May 19.

Egypt’s structural reliance on wheat imports remains intact, despite stronger domestic procurement efforts.

When packaging inputs, agricultural markets, energy and freight costs move simultaneously, siloed buying becomes harder to manage. Learn how Fastmarkets market intelligence supports procurement teams

Fastmarkets will discontinue three of its US-assessed palm and lauric oil prices following an open consultation.

Military risks continue to increase pressure on Ukraine’s vegetable oil sector in the 2025/26 season, with the most significant losses concentrated in export infrastructure and logistics, while the effect on overall sunflower oil production remains limited due to substantial excess processing capacity, market participants and local analysts at APK-Inform said.

Fastmarkets changed the timestamp for its daily used cooking oil flexi-tank, fob China and used cooking oil, bulk, fob China price assessments from 4:30pm London time to 4:30pm Singapore time effective Wednesday May 20, 2026, as a result of an open consultation.

European SAF production costs rose in the week to May 15 as used cooking oil prices climbed to €1,117 per tonne, feedstock spreads diverged sharply across rapeseed and palm oil, and firming poultry meal prices signalled that competition for Europe's finite pool of waste-based materials is tightening across fuel and food supply chains simultaneously.

CPO futures on the Bursa Malaysia Derivatives (BMD) rebounded on Friday May 15, supported by bargain covering activities, firmer crude oil prices and a weaker ringgit, although gains were capped by weaker export demand and softer rival vegetable oils. On the Chicago Mercantile Exchange (CME), soyoil futures traded lower on Friday, after data showed a decline in US soybean crush.

Fastmarkets wants to clarify that its holiday schedule for its Asian POME price assessments will follow the Singapore holiday calendar.

Corn futures extended losses on the Chicago Mercantile Exchange on Friday May 15, as the highly anticipated meeting between US and China leaders did not result in gains for American farmers as expected.