Today, on August 10, Ukrainian Agrarian Ministry and trade community finally signed the Memorandum that allows exporting 16 MMT of total wheat, including 8MMT of food quality (1-5 classes) and 8MMT of feed quality (class 6). In September 2018 Memo correction numbers is quite possible, even is rather likely, reports UkrAgroConsult.
As mentioned earlier, for traders it is also very important to have at least 2 months predictability of the export limitations introduction. Earlier, the Ministry intended to set the size only of milling wheat exports at 8 MMT. But traders insisted to fix the total wheat exports.
Palm oil imports to Russia totaled 77.2 KMT in May 2018, or 13.2% more than in the previous month and up 29.3% from May 2017.
The Ukrainian rapeseed market has entered the new 2018/19 marketing year. Have all the expectations of 2017/18 come true? Running ahead of the story, it is safe to say that the past season was generally successful.