On the Ukrainian grain and oilseed market, prices showed mixed trends over the week: wheat remained at the previous level, sunflower seed prices fell significantly, while rapeseed prices for export rose, according to the brokerage firm Spike Brokers.
According to data from analysts published on their Telegram channel, wheat with 11.5% protein on CPT Odessa terms was priced at $195 per metric ton, while feed wheat was priced at $185 per metric ton. On FCA Chop terms, wheat traded mainly at EUR180–185/metric ton for loading onto a European train.
The price of corn on CPT Odessa terms fell by $5 per metric ton over the week to $190 per metric ton, while on FCA Chop terms it remained at $220 per metric ton. The new October–March crop was trading at EUR188–193 per metric ton FCA Chop at the western border.
The price of sunflower seeds on CPT mill terms fell by $110 per metric ton over the week to $440 per metric ton. According to the broker, the market continues to transition to pricing for the new crop, and the external rise in prices for soybean oil and crude oil has not yet been reflected in Ukrainian raw material prices.
In the rapeseed market, the price on CPT port terms remained at $500 per metric ton, while on FCA Chop terms it rose by $5 per metric ton to $550 per metric ton. At the same time, the price of rapeseed for domestic processing fell by $15/metric ton to $485/metric ton. Thus, the difference between the FCA Chop export price and the price for domestic processing is $65/metric ton.
As of August 10, Ukraine had harvested 3.22 million metric tons of rapeseed from 1.191 million hectares—or 89% of the planted area—with a yield of 2.71 metric tons per hectare. Current pricing is determined by the distribution of supply among the western border, ports, and domestic processing.
The price of GMO soybeans on CPT port terms was $420 per metric ton, FCA Chop – $435 per metric ton, and non-GMO soybeans – $440 per metric ton and $470 per metric ton, respectively. The price of GMO soybeans for domestic processing rose by $5 per metric ton over the week, reaching $425 per metric ton.
“Thus, sunflower seeds are adjusting to the purchase price of the new crop; competition is intensifying in rapeseed between FCA Chop and processing; and soybeans are receiving an external boost from the CBOT and Chinese demand, which is not yet being strongly reflected in the Ukrainian physical market,” analysts note.
As of August 12, 2026, Ukraine had exported, since the start of the 2026/27 marketing year (MY, July–June), 2.952 million metric tons of grains and legumes, which is 4.8% more than it exported by the same date last year, when the figure stood at 2.818 million metric tons.
According to the Ministry of Agrarian Policy and Food, citing data from the State Customs Service (SCS), total exports of grains, legumes, and flour reached 2.955 million metric tons, compared to 2.826 million metric tons on the same date a year ago—an increase of 4.6%.
By crop type, wheat exports fell by 18.3%—to 1.239 million metric tons from 1.517 million metric tons, respectively. Specifically, 175,000 metric tons of wheat were exported in August of this year, compared to 759,000 metric tons a year ago.
Barley exports fell by 28.1%, to 333 thousand metric tons from 463 thousand metric tons; specifically, 37 thousand metric tons of this product were shipped abroad in August, compared to 206 thousand metric tons in August 2025.
Corn exports as of the reporting date for the season increased by 66.4%, to 1.376 million metric tons from 827,000 metric tons a year ago; in August, 68,000 metric tons of corn were shipped to other countries, compared to 184,000 metric tons in August of last year.
As was the case last year, no rye was exported.
Flour exports since the start of the 2026/27 marketing year have decreased by 54.1% to 2,800 metric tons. As of the same date last marketing year, they stood at 6.1 thousand metric tons. In grain equivalent, flour exports totaled 3.7 thousand metric tons, compared to 8.1 thousand metric tons a year earlier.
In its August report, the U.S. Department of Agriculture (USDA) raised its forecast for wheat production in Ukraine for the 2026/2027 marketing year (July–June) by 1.4 million metric tons compared to the July report—to 25.4 million metric tons, forage grain by 2.31 million metric tons, to 38.59 million metric tons, including corn by 1.8 million metric tons, to 31.8 million metric tons.
At the same time, the forecast for wheat exports from Ukraine for this marketing year has been lowered by 1 million metric tons to 13.5 million metric tons, and for feed grains by 1.21 million metric tons to 24.27 million metric tons, including corn, which is down by 1.0 million metric tons to 22.0 million metric tons.
According to estimates by the U.S. Department of Agriculture, nearly all of this difference will be absorbed by carryover stocks for this marketing year: for wheat, the estimate has been increased by 2.27 million metric tons to 4.80 million metric tons; for feed grains, by 3.40 million metric tons to 7.13 million metric tons; and for corn, by 2.80 million metric tons to 4.86 million metric tons.
“Global trade volumes (for wheat) have been reduced by 0.3 million metric tons to 212.7 million metric tons due to a decline in exports from Russia and Ukraine, which was only partially offset by increased exports from Canada and Kazakhstan. Exports from Russia and Ukraine are declining due to logistical disruptions caused by the escalation of the conflict between these two countries in the Azov and Black Seas,” the USDA noted.
At the same time, the forecast for global carryover stocks for the 2026/27 marketing year has been increased by 0.4 million metric tons—to 273.3 million metric tons—as growth in Ukraine and Russia more than offsets declines in Indonesia, Australia, and several other countries.
As for corn, the export forecast for this marketing year has even been increased by 0.6 million metric tons—to 210.48 million metric tons—driven by the United States.
For Russia, the USDA lowered its forecast for wheat exports by 1.5 million metric tons—to 46.0 million metric tons—and for feed grains by 0.4 million metric tons—to 7.58 million metric tons, including corn, which was reduced by 0.2 million metric tons—to 3.8 million metric tons.
As previously reported, in the quarterly report from the USDA office in Kyiv in early August, the forecast for exports from Ukraine in this marketing year was revised downward much more sharply: wheat by 3.7 million metric tons to 10.8 million metric tons, corn by 9 million metric tons to 14 million metric tons, but the forecast for barley was increased by 0.1 million metric tons to 2.5 million metric tons.
As previously reported, starting July 22 of this year, due to an increase in Russian attacks on ports and ships—including the use of missiles—ship calls to Ukrainian ports on the Black Sea have been suspended.
“The prolonged blockade of port operations is creating a large-scale financial crisis for the agricultural sector. In the 2026/2027 marketing year, Ukraine is expected to export approximately 64.4 million metric tons of agricultural products. At the same time, due to the prolonged restrictions on seaport operations, exports could be reduced by nearly half—to about 29.6 million metric tons,” the Ministry of Agrarian Policy and Food of Ukraine noted on August 7.
Recently, Taras Vysotsky, head of the Ministry of Agrarian Policy, provided Reuters with another updated estimate for grain exports—38–40 million metric tons instead of the previous estimate of 43 million metric tons.
The “TAS Agro” agricultural holding has completed the harvest of early grain and oilseed crops on a total area of 33,500 hectares, the company’s press service reported.
Winter wheat was harvested from 21,000 hectares with an average yield of 5.8 metric tons per hectare. Winter rapeseed was harvested from 12,500 hectares with an average yield of 3.6 metric tons per hectare.
“This year’s rapeseed harvest was one of the most impressive results of the season. The company used strip-till technology across all its fields, which—combined with precise planning, high-quality crop protection, and the team’s prompt decision-making—enabled us to achieve high yield figures,” the statement noted.
As the company clarified, part of the rapeseed harvest has already been sold in western markets, while another portion will be sent for processing and subsequent export. TAS Agro plans to sell wheat using a flexible model depending on the price ratio between crops and market conditions.
The company has already begun preparations for planting winter rapeseed.
The “TAS Agro” agricultural holding is part of the “TAS” Group, which was founded in 1998. Its business interests span the financial sector (banking and insurance segments) and the pharmaceutical industry, as well as manufacturing, real estate, and venture capital projects.
Serhiy Tihipko is the founder of “TAS” and the beneficial owner of the “TAS Agro” agricultural holding.
Prices for food and feed wheat in Ukraine remained unchanged over the week—$195 and $185 per metric ton, respectively, on a CPT Odessa basis—while the price of corn fell by $5 to $195 per metric ton CPT Odessa, according to brokerage firm Spike Brokers.
The price of sunflower seeds on a CPT mill basis was $550 per metric ton; rapeseed on a CPT port basis fell by $20 to $500 per metric ton, while on an FCA Chop basis it rose by $5 to $545 per metric ton. The price of GMO soybeans fell to $420 per metric ton CPT port and to $435 per metric ton FCA Chop, while non-GMO soybeans on an FCA Chop basis rose by $10 to $470 per metric ton and fell by $10 to $440 per metric ton on a CPT port basis.
“This week, the Ukrainian physical market moved away from a direct correlation with exchange dynamics. The SPIKE CPT Odessa corn index fell to $195 (-$5 for the week), while 11.5% food wheat and feed wheat held steady at $195 and $185, respectively. On the western basis, SPIKE FCA Chop corn adjusted to $220 (-$3), maintaining a premium of about $25 to the port destination,” the report states.
According to Spike Brokers, the price of corn on an FCA Chop basis also fell—by $3, to $220 per metric ton. The sunflower seed price of $550 per metric ton is linked to processors’ transition to new-crop prices.
The port price of rapeseed fell by $20 per metric ton, while at the western border it rose by $5. From August 1–6, Ukraine exported 27.9 thousand metric tons of rapeseed.
During this period, Ukraine exported 33.5 thousand metric tons of corn, 93.2 thousand metric tons of wheat, and 4.2 thousand metric tons of soybeans. Sunflower oil exports totaled 30.7 thousand metric tons.
Over 1.4 million metric tons of grain have already been harvested in Vinnytsia Oblast, according to Natalia Zabolotna, head of the regional military administration.
“The harvest campaign in the region is ongoing. Farmers have already harvested 246,000 hectares of early grain and legume crops—that’s 60% of the planned area. The average yield is 59.6 centners per hectare—1.9 centners per hectare more than during the same period last year,” she wrote on Telegram on Saturday.
According to the Regional State Administration, winter wheat currently accounts for the largest portion of the harvest at 1.2 million metric tons. Its average yield is also higher than last year’s. The harvest of winter barley and peas has already been completed. The harvest of spring barley, spring wheat, and rye is in full swing. At the same time, farmers are finishing the harvest of winter rapeseed. 80% of the area has already been threshed.
