There were about 8,600 wagons with various goods waiting to be transferred through Ukraine’s western land border crossing points as of August 24 compared with 7,390 wagons seen in late July.
A total of 619,000 tonnes of grain were exported from Ukraine by railways during the period started August 1 and ended August 23 compared with 805,000 t during the entire July.
Quotes for U.S. soybeans dropped amid improved crop ratings. According to the USDA, as of August 13, the state of 59% of the crops was assessed as good/excellent (54% a week earlier and 58% last year).
Export quotes for Ukrainian grain dropped significantly amid instability of shipments by sea and attacks by Russia. On the night of August 16, Russian armed forces launched another drone attack on the ports of Izmail and Reni, affecting warehouses and grain storage facilities.
The EU grain market showed a decline in prices for most grains amid pressure from high competition (players noted a huge volume of Russian wheat offered at more competitive prices) and generally favorable weather conditions for the development of crops and field work in the main producing countries.
Prices for Russian grains inched up amid stable importers’ demand and lively export sales. Despite the upturn, quotes remain competitive and attractive.
As many as 562 wagons were heading to the Batiovo – Epereshke land border crossing point on August 21, of which 182 wagons were loaded with grain, 105 wagons with vegetable oil, and 16 wagons with cakes.
About 145 wagons were transferred daily through the the Vadul-Siret – Dornesti (Romania) land border crossing as of August 22 (down 8 wagons compared with the previous week).