Viorel Panait, Chairman of the Port of Constanta Business Association and manager of the port operator Comvex, said that by mid-August the port will be able to handle additional volumes of Ukrainian grain.
Approximately 8,070 wagons were waiting for unloading at Ukraine’s western land border crossing points as of July 19 (up 560 wagons compared with June 28).
A total of 8,189 wagons were transferred through the Izov-Hrubieszów land border crossing point from July 1 to July 19. The average daily handling speed amounted to 431 wagons (up 16 units per day compared with June).
A total of 549,000 tonnes of grain were exported from Ukraine by railways during the period started July 1 and ended July 19, 2023.
There were about 7,090 wagons with various goods waiting to be transferred through Ukraine’s western land border crossing points as of July 20 compared with 7,080 wagons seen in late June.
USDA experts have noticeably reduced the forecast of soybean production in the USA (-5.7 millionb tons to 117.03 million tons) due to smaller planting areas.
In Australia, barley prices have increased amid the ongoing tariff dispute with China.
The Brazilian corn market remains stable. Producers are focusing on soybean sales and refrain from selling corn.
The Ministry of Communities, Territories and Infrastructure Development of Ukraine has applied to the UN International Maritime Organization with a statement of intent to temporarily use the recommended sea route for grain exports after the shutdown of the Grain Initiative.
Prices for U.S. wheat have decreased following higher production estimates in the country (+2 million tons to 47.3 million tons) and the ongoing harvesting campaign (winter wheat harvesting was 46% complete by July 9), which lags behind last year and a five-year average pace (62% and 59%, respectively).