FAO Cereal Price Index in November decreased
The FAO Cereal Price Index averaged almost 164 points in November, some 1.7 points (1.1%) below October and 11 points (7.1%) down from November 2016 average.
"Large nearby export supplies weighed on wheat prices while intensified export competition put downward pressure on corn quotations," experts note.
Since the start of MY2018/19 (July-October), almost 4.9 million tons of main grain crops (wheat and corn) have been exported from Ukraine and Russia to the countries of Northern Africa.
The new infographic guide Agribusiness of Ukraine 2017/18 is available by the link.