Grain market. Kazakhstan // Week 46
In mid-November, export prices for Kazakh wheat have inched down. Such dynamics is due to low domestic and export demand, as well as problems with the quality of grain and competition with suppliers from Russia.
Вантажi: Grain
Grain market. Russia // Week 46
Russian grain prices have shown minor shifts despite growing demand and limited offer on the domestic market. By November 14, the volume of concluded contracts for wheat sales amounted to 2.4 million t (against 1.9 million t in October).
Grain market. EU countries // Week 46
Mixed price trend can be seen on the EU grain export market. Thus, prices are under pressure from competition with Black Sea wheat (mainly Russian grain) and the prospect of an increase in grain stocks in France to the maximum in the last six years.
Grain market. Ukraine // Week 46
In Ukraine, grain export prices have shown an upturn amid steady demand and ongoing problems with shipments by sea. Wheat is being increasingly shipped to Asia, with feed wheat being popular in Spain, Italy and Bangladesh (quotes are voiced at $227-230/t C&F, $200/t DAP and $265/t C&F, respectively).
Liepaja SEZ cargo turnover in October
The overall cargo turnover reached 739,000 t in the Liepaja SEZ in October (up 119,000 t compared with September). The result has become the highest since April 2022. Note that the increase is solely due to a 142,000 t hike in transshipment of dry bulk cargo to 573,000 t.
First UDP barge caravans with grain from Hungary already prepared for discharge in Constanta
The first barge caravans of the Ukrainian Danube Shipping Company with European grain have already been prepared for discharge in the port of Constanta (Romania).
Ventspils Freeport cargo turnover in October
The cargo turnover plunged by 335,000 t to 797,000 t at the Ventspils Freeport in October, showing a 30% slump compared with September. In particular, transshipment of dry bulk cargo dropped by 365,000 t to 393,000 t.
Latvia allocates €50,000 to contribute to Grain from Ukraine Program
On November 14, 2023, the Cabinet of Ministers of Latvia decided to allocate €50,000 from the state budget to contribute to the Grain from Ukraine humanitarian aid program. This is Latvia’s second investment in this program – last year the country also financed assistance in the amount of €50,000.
LTG Cargo to purchase up to 500 new grain hoppers
LTG Cargo (Lietuvos Geležinkelių) is gradually expanding its operations and intends to purchase up to 500 new grain hoppers through public procurement.
India simplifies procedure of imports of agricultural products from Ukraine
The Ministry of Agriculture and Farmers’ Welfare of India has included Ukraine in the list of countries that do not treat grain crops with fumigants containing methyl bromide (CH3Br).