A 17% discount to the railway tariff (coefficient 0.83) is provided for domestic transportation of wheat (UTSNG 011005), barley (014003), corn (015006), rapeseed (021083) and soybeans (018023) within Moldova at a distance of 131-250 km to Giurgiulesti Port station.
About 153 wagons were transferred daily through the Vadul-Siret – Dornesti (Romania) border crossing in the period from May 1 to May 23 (up 16.6 units compared with April).
In the US, soybean prices have been sliding down due to high planting pace and expectations of heavy production.
Export quotes for Brazilian corn continue to fall as offer exceeds demand. Buyers are waiting for a new crop and do not want to buy old crop grain.
The Australian grain export market is mostly stable and slack. Players focus on weather conditions and ongoing planting.
In the US, corn prices have been sliding down amid high planting pace and expectations of heavy production.
Trade is low on the Kazakh grain market, which is referred to low activity on the export platform, as well as to the seasonal factor.
Export quotes for Russian grains continue to decline rapidly. The country’s Agriculture Ministry forecasts the volume of grain exports in the season 2023-24 at 50-55 million t.
Mixed price trend has been seen on the EU grain export market.
Export prices for almost all Ukrainian grains have been declining amid the Grain Initiative issue.