Commodity markets

            Mixed price trend has been seen on the EU grain export market.

            Export prices for almost all Ukrainian grains have been declining amid the Grain Initiative issue.

            Export quotes for Ukrainian grains are falling amid uncertainty about future operation of the Grain Corridor.

            The EU grain export market has been showing mixed price trend this week, although quotes have declined in most cases.

            This week, wheat and corn markets have been supported by concerns about the extension of the “grain corridor” operation.

            Export prices for Russian grains keep sliding down. Large volumes of unsold grain and the imminent end of the season continue to put pressure on the export and domestic markets.

            In Brazil, farmers’ sales are still lagging behind last year pace. However, buyers are also showing little interest in corn.

            Contrary to the global upward trend, prices for Australian grains have fallen this week.

            This week, pressure on US soybean prices was put by high planting pace along with low Chinese demand. Nevertheless, private exporters have reported sales of 132,000 t of soybeans to unknown buyers.