The market for oilseed crops is under geopolitical pressure.

In brief: • China restricted deliveries of American soybeans and Canadian canola • Russia extended export duties on sunflower and its processed products Undoubtedly, the oilseed crop in the U.S. and Canada has influenced global market prices in recent weeks, but geopolitical aspects have also played a significant role in market development. China's reaction to American tariffs led to a halt in the import of American soybeans, and the response to the Canadian tariff on electric vehicles also led to a halt in the import of Canadian canola in the country. On the Old Continent, the introduction of a 10% export tax on canola and soybeans from Ukraine also disrupted the pace of deliveries. Just days ago, the Sub-Committee on Customs Tariff and Non-Tariff Regulation under the Russian Ministry of Economic Development supported the extension of export duties on sunflower seeds and products from their processing. This was reported by the ministry's press service. As explained, the decision ...