Andrey Sizov
25.11.2024
On Friday, grain futures declined. The March SRW wheat contract closed at $5.65/bu ($207/mt), down 0.8% from Thursday. The March HRW wheat contract in Kansas fell to $5.65/bu ($208/mt), down 0.3%. The March Euronext wheat contract closed at €231.00/mt ($241/mt), down 0.4%. The March U.S. corn contract dropped to $4.35/bu ($171/mt), down 0.2%.
As of November 21, Ukrainian farmers harvested 53.4 mt of grain (down from 55.1 mt a year earlier) from 10.8 million hectares (10.2 million hectares), with an average yield of 4.95 t/ha (5.38 t/ha).
On November 23, Polish farmers blocked a border crossing with Ukraine near the village of Medyka. The farmers are demanding the cancellation of a trade agreement with Mercosur countries (South American trade block) and lower agricultural taxes.
Since July 2023, 321 pieces of Ukrainian port infrastructure have been damaged by missile and drone strikes, President Volodymyr Zelenskyy reported on Saturday.
