The battle for global grain markets continues

The recently established downward trend on the grain exchanges and markets has stopped, but it is still too early for the markets to recover. Grain volumes available in Russia, Ukraine and Europe suggest a fierce battle for market share that will not lead to any immediate price growth. At local level, a ministerial council has decided to urge the Agriculture Council to carry out a comprehensive review of the Green Deal legislation. The simplification of the procedure for changing the Strategic Plan is also extremely important in the short term, the Council of Ministers announced after the government meeting. Along with this, it is necessary to trace the cumulative effect of the measures in the free trade agreements, as well as to provide for a reciprocity clause to ensure the observance of uniform production standards for food quality and safety on both sides. The question of equalizing the levels of direct payments is another part of the demands before the Council. Looking to the ...