On the situation of the grain market in the ports of Ukraine

Atria Brokers broker Natalya Levkonyuk told Latifundist about why large CIF/FOB contracts for Ukrainian wheat have almost disappeared, and corn prices fell from $211-212/t to $203-204/t over several weeks. She explains this by the problems with logistics in the ports, the high cost of road transportation, and the strategy of large players to "sit out" the situation. Problems with rail transportation greatly complicate exports. Previously, wagons from central Ukraine went to the ports in 3-5 days, but now it can take up to 2-3 weeks, although there has been some improvement in recent days. Cars reach the ports in 1-2 days, however, it is difficult to find them, as most of the transport is used in harvesting and processing. In addition, constant alarms, shelling, and lack of electricity create queues at the ports. All this has led to an increase in the cost of transportation from 1.5 UAH per ton-kilometer to 3-3.5 UAH. Moreover, many drivers refuse to go to the port. Previously, ...