Mar 08, 2022

Key Ag Commodities Receive Ukraine Export Licenses

Ukraine has suspended exports of several agricultural commodities in the face of Russia's invasion

Ukraine has introduced export licenses for its key agriculture commodities of wheat, corn and sunflower oil, Interfax Ukraine news agency quoted a government resolution as saying on Sunday.

According to a report atReuters, the document said that traders would also need licenses to export poultry and eggs, the agency said.

Earlier on Sunday Ukraine suspended exports of several agricultural commodities in the face of Russia's invasion of the country. The government suspended exports of rye, oats, millet, buckwheat, salt, sugar, meat and livestock.

Meanwhile, Ukrainian Railways said it isready to organize agricultural exports by railafter closure of the country's Black Sea ports because of the Russian invasion.

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Marketwatch: Mar, 09

US Corn Price Idx:ZCPAUS.CM

open: 7.1546
high: 7.2666
low: 6.9703
close: 7.2005

US Soybean Price Idx:ZSPAUS.CM

open: 16.2413
high: 16.4659
low: 16.1136
close: 16.3066

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 11.507
high: 11.7264
low: 10.3124
close: 11.1472

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 12.076
high: 12.076
low: 9.5706
close: 10.8075