At the beginning of the year, the United States Agency for International Development (USAID) launched a program to co-finance (up to ₴270 million) the development of elevator capacity for grain processing, drying and storage for micro, small and medium-sized agribusinesses (MSMEs*).
The cargo turnover dropped by 230,000 t to 3.4 million t at the Port of Klaipeda in December compared with November. In particular, Klaipeda State Seaport reports a 132,000 t plunge in December transshipment volume to 2.7 million t. Handling of crude oil dropped by 98,000 t to 692,000 t at the Butinge terminal.
The U.S. soybean market has been under pressure from forecasts of favorable weather in Brazil. Relevant export quotes have dropped significantly.
Brazilian corn prices have inched up despite the start of harvesting of the first crop in MY 2023-24. According to Conab, as of December 30, farmers processed 0.9% of the planned areas (0.2% as of the same date last year).
U.S. wheat export quotes have dropped, so demand has increased.
A total of 1.1 million t of cargo were transferred through the Chop – Zahony land border crossing point in 2023, of which 108,200 t fell on imported goods while 1 million t were export cargo. Thus, the cargo flow increased bylmost 400,000 t in 2023 compared with 2022 or 56% year-on-year.
Since August 8, as many as 469 ships have passed through the temporary corridor of the Naval Forces of the Armed Forces of Ukraine open for vessels heading to/from the Black Sea seaports of Ukraine. A total of 15 million t of cargo were shipped from the ports of Pivdennyi, Odesa and Chornomorsk, including…… Read more »
According to the Ministry of Economy of Ukraine, the overall export volume of goods in containers increased in 2023, showing a 86% hike in rail deliveries and a 36% rise in those by road. Note that container transportation is the most effective in terms of goods with a high added value.
The Australian grain export market looks dull after the holiday break. In the December report, the Grain Industry Association of Western Australia Inc (GIWA) lowered the forecast of winter grain production in Western Australia to 14.28 million t (vs. the November estimate of 14.51 million t).
Trade has been slack on the Kazakh grain export market, with offer prices unchanged.