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The President of Ukraine signed the law on criminal liability for smuggling
02.01.2024
The President of Ukraine signed the law adopted by the Verkhovna Rada of Ukraine on December 9, 2023, which amends the Criminal and Criminal Procedure Codes of Ukraine regarding the criminalization of smuggling and false declaration of goods and excise goods (register 5420). From July 1, 2024, the new law introduces criminal liability in the form of a fine of 170-425 thousand UAH for smuggling goods worth from 7.57 to 15.14 million UAH, and from a fine of 850 thousand UAH to...
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The dollar exchange rate in Ukraine rose to a record 38.0144 hryvnias
02.01.2024
On January 1, 2024, the National Bank of Ukraine increased the official exchange rate of the dollar by 1 kopeck, and now it is a record 38.0144 UAH, which indicates further devaluation of the hryvnia. At the same time, compared to December 31, the euro rate decreased from UAH 42.2079 to UAH 42.0059. Earlier, the Ministry of Finance of Ukraine and business representatives reported that they expect the hryvnia to weaken in 2024, as there are no fundamental factors for its...
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Purchase prices for grains in Ukraine on January 1, 2024
01.01.2024
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2500 Peas 8750 305 Rye 4500 Sugar beet pulp gran 4000 Corn 6008 5070 ↑ 114 4532 155 ↓ 1 ...
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Ukraine welcomes the New Year 2024 under fire but with faith in Victory
01.01.2024
On February 24, 2022 , the countdown began for the heroic resistance of Ukrainians against Russian armed aggression and the beginning of the formation of a nation of heroes who stopped and rejected the onslaught of the wild Middle Ages on the civilized world. Last year was extremely difficult for all Ukrainians, but it became the year of Indomitability of the entire country, and thanks to the heroism of every soldier of the Armed Forces of Ukraine, it gave the entire nation hope...
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Rainfall forecasts in Argentina and Brazil reduce speculative weather pressure on soybean and corn markets
29.12.2023
Forecasts of heavy rains in Argentina and central Brazil in the next 7 days reduce quotes for soybeans and products of its processing. Starting from the weekend, heavy rains will pass in the central part of Brazil , which will improve the condition of first-harvest corn crops and the conditions for setting soybeans. Southern regions will also experience heavy rain, but will not damage soybean and corn crops as the previous few dry weeks have reduced excess soil...
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Egypt canceled the tender for the purchase of wheat without receiving a price discount
29.12.2023
The state-owned Egyptian operator GASC planned to purchase wheat on December 28 at an international tender for delivery on March 1-10, 2024, but did not receive a price discount and canceled the auction. The number of tender applications has decreased compared to previous auctions: Russian wheat - from 13 to 10, and prices increased from $260 to $265/t FOB with payment of 180 days and $270/t FOB with payment of 270 days, French wheat - from 3 to 2, and prices increased from...
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According to UKAB estimates, the losses of Ukrainian farmers in 2023 reached 3 billion dollars
29.12.2023
"Ukrainian agricultural industry ends the year with a high yield and significant losses at the same time," said Oleg Khomenko, general director of the Ukrainian Agrarian Business Club (UKAB). According to the most optimistic forecasts of UKAB, the losses of farmers will reach $3 billion, since the cultivation of all crops, except soybeans, turned out to be unprofitable. As a result of the shortage of storage capacity, part of the corn (up to 15% according to...
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Purchase prices for grains in Ukraine on December 29, 2023
29.12.2023
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine CPT terminal, UAH EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 2500 Peas 8750 305 Rye 4500 Sugar beet pulp gran 4000 Corn 5979 ↓ 28 4966 ↓ 5 4488 155 ↓ 1...