Ukrainian wheat in European ports: How can the EU export grain and farmers earn money?

Published 2024년 8월 26일

Tridge summary

The European Union's grain market is experiencing price pressure, despite a poor harvest in many member states, due to increased import of grain, particularly from Ukraine. This import is driving down prices and affecting the profitability of EU farmers, as Ukrainian grain is cheaper. The EU's self-sufficiency levels for key grains are high, with 123% for common wheat last year, yet imports have increased rapidly, mainly from Ukraine. The situation is impacting the profitability of EU farmers and raising concerns about market balance.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Why are grain prices in the EU still under pressure, when in many member states this year's harvest was very poor - wonders Agrarheute. And he lists several reasons for this state of affairs. However, he considers the increased and unjustified import of grain from Ukraine to be the main one. Competition from the big ones and the strong euro As we read, prices in Europe are shaped by fierce competition on international markets, and here the prices are set by Russia and Ukraine, which are also in a state of war. Meanwhile, recently there has been a significant increase in the value of the euro, which makes European exports expensive. EU exporters therefore have to lower prices in ports in order to sell grain on the world market. Import despite self-sufficiency Price pressure on the EU grain market would not be so strong, if not for cheap imports - mainly from Ukraine - which are still growing. This is happening there despite the fact that the EU is practically self-sufficient in the ...
Source: Farmer.pl

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