Russia has previously set minimum export prices, but many traders manage to get around them. This may soon also be the case in Ukraine. Photo: Canva
Ukraine has announced that it will introduce a new system of minimum export prices for grains and oilseeds from early December. The country decided to do this to prevent the use of artificially low prices with the aim of evading taxes. Ukrainian traders, united in the UGA trade union, reacted with concern. They have said that the new approach puts half of Ukraine’s wheat exports at risk. GRAIN FUTURES – All About Fe
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