There were about 8,300 wagons with various goods waiting to be transferred through Ukraine’s western land border crossing points as of August 9 compared with 7,390 wagons seen in late July.
About 3,500 wagons with grain were waiting for unloading at Ukrainian sea ports as of August 10. Taking into account that approximately 119 wagons per day are accepted at the stations, it will take about 29 days to process all these wagons.
At the Freeport of Riga, the cargo turnover increased by 97,000 t to 1.4 million tonnes in July compared with June 2023.
For the first time in the last five months of 2023, the stevedores of the Liepaja FEZ managed to step up the cargo turnover. Thus, they handled a total of 458,000 t of cargo in July compared with just 66,000 t in June.
As many as 289 wagons were transferred daily through the Chop – Čierna nad Tisou land border crossing point as of August 3 (up 15 wagons compared with the previous week).
The information on new temporary routes for civilian vessels to and from Ukraine’s Black Sea ports was published in the Order of the Navigational Report of the Ukrainian Navy No. 6 of August 8.
Soybean prices decreased in the United States due to favorable weather conditions. Additional pressure on soybean quotes came from a softening of the soybean meal market, although soybean demand is healthy these days.
In Australia, wheat prices have fallen due to inactive trade. Exporters are buying little grain on the domestic market as importers’ demand is now focused on grain from the Northern Hemisphere and producers remain focused on weather and reluctant to sell.
Quotes for Brazilian corn are sliding down amid the progressing harvesting campaign. According to AgRural, by July 27 farmers harvested 55% of safrinha corn compared to 73% harvested as of the same date last year. Yields are high, confirming the expectation of a heavy crop. Corn trade remains quiet.
Wheat prices dropped noticeably in the United States. Quotes suffered pressure from ongoing harvesting, milder weather, as well as high competition from Russia and weak demand for U.S. wheat. According to USDA, farmers had harvested 80% of the winter wheat crop by July 30.