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Can grain transit be controlled?; the balance in agricultural trade with Ukraine is negative, overall positive

Published Feb 23, 2024

Tridge summary

A debate at the European Congress of Agribusiness Managers in Żnin, Poland, discussed the impact of the Ukraine war on the production and export of agri-food products. Poland, which has a positive trade balance with Ukraine, exports ready-to-eat products while importing raw materials. However, the trade balance for food products and agricultural produce is negative. Meanwhile, Russia's record harvests have resulted in an export surplus, influencing global grain prices. Markets traditionally served by Europe are now buying significant amounts of wheat from Russia. The closure of the border is not expected to affect grain prices, but the surplus of corn and large stocks could pose a problem.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In Żnin, as part of the 9th edition of the European Congress of Agribusiness Managers, a debate was held on February 22 entitled Production and export of agri-food products during the war in Ukraine. It was attended by: Wiesław Gryn, vice-president of the Management Board of the Zamość Agricultural Society, Michał Kołodziejczak, Deputy Minister of Agriculture and Rural Development, Mirosław Marciniak, independent agricultural market analyst Mirosław Marciniak InfoGrain, Artur Markowski, Chief Expert - Business Banking ING Bank Śląski, Monika Piątkowska, president of the Chamber Zbożowo-Paszowa, as well as Julij Zoria, an expert on international trade and cooperation between Ukraine and Poland. What kind of trade exchange does Poland have with Ukraine? These data were provided by the representative of Ukraine. - Trade looks like this: Poland has a positive overall trade balance, about 30 percent. In my opinion, there is a very large potential for cooperation between Ukraine and ...
Source: Farmer.pl
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