In response to Ukrzaliznytsia’s request to the Moldovan Railways (Calea Ferată din Moldova) for a 54% discount to the railroad tariff for the transit of Ukrainian grain, the latter has offered a 27% discount.
The Ukrainian grain export market remains inactive. Uncertainty about shipments together with progressing harvesting after the start of new grain season is dragging down the quotes in the country.
Despite the price increase on Russia’s domestic grain market, export quotes have inched down by the start of the new season.
In Kazakhstan, wheat export quotes have stabilized, but the downtrend continues both on the domestic and export markets.
Most parts of Australia have seen favorable rains for crops.
Export quotes for US-origin soybeans have declined this week amid improved weather conditions.
Up to 164 wagons per day were transferred through the the Vadul-Siret – Dornesti (Romania) land border crossing as of July 4 (down 1 wagon compared with the previous week).
A total of 3,731 wagons were transferred through the Batiovo – Epereshke land border crossing point in June.
In Brazil, corn prices have dropped amid the ongoing harvesting, as well as due to the pressure from the global downward trend.
Export quotes for US corn have declined this week amid more favorable weather conditions and expectations for more rain in the near term.