Price: €11.00
Member Price: €0.00

Grains and oilseeds: plan B

February 24, 2023 at 12:09 PM , Der AUDITOR
Play report as audio

BRUSSELS. All eyes are on the negotiations concerning the Black Sea grain deal, which is set to expire on 18 March. Grain exports from Ukraine only reached 3.3 million mt on 1-22 February as opposed to 4.07 million mt shipped in the same period last year. Demand for Ukrainian corn is also low as Russian inspectors are delaying shipments. While China is buying more canola in Canada, soy presents a challenge.

Bystre Canal as joker

Ukraine is calling for an extension of at least one year and would like the port of Mykolaiv to be included in the Black Sea grain deal, Russia is, by contrast, showing little interest in an extension. Ukraine, however, has a plan B. This involves the Bystre Canal in the Danube delta, which the country has already deepened to 7 metres on 116 km allowing small fully loaded grain ships to pass and ensuring that shipments from the Black Sea will be able to continue should the grain deal not be extended. Ukraine has stepped up its exports via its D

View related articles

Go to the News Overview
Grains
May 16, 2025
BRUSSELS. EU wheat supplies should receive a boost in 2025/2026. Higher EU tariffs for corn from Ukraine will prevail in the EU very soon. Reduced tariffs in China may impact soy. Global rapeseed production is set to recover.
Oilseeds
May 15, 2025
NEW DELHI/BRASÍLIA. Indian exporters have successfully participated in the current sesame seed tender. Price reductions are probably only short-lived. In Brazil, acreage is expected to shrink by 10%.
Oilseeds
May 14, 2025
SOFIA/KYIV. After initial delays, Ukrainian growers now want to complete the current sowing season as quickly as possible. According to the WASDE report, global production is expected to increase by 8.3% in the 2025/2026 season.
Oilseeds
May 14, 2025
OTTAWA. Prices for Canadian mustard seeds are uncharacteristically stable for this time of year. The cultivation forecast remains unchanged, resulting in a drastic decline in production.