Ukraine Extends Agricultural Export Price Adjustment Factor Through Year-End
The Cabinet of Ministers in Ukraine has extended the use of an adjustment factor for calculating minimum export prices for certain agricultural products through year-end. Resolution No. 1192, published on September 30, extends the mechanism through October-December 2026.
The 0.714 adjustment factor is applied to the baseline assessment of minimum permissible export prices and aims to better reflect actual market prices and significant increases in logistics costs. The mechanism covers wheat, rye, barley, oats, corn, soybeans, rapeseed, sunflower seed, as well as sunflower oil, soybean oil, rapeseed oil, and selected processed products.
The extension comes amidst worsening export logistics due to disruptions to maritime shipments and attacks on port infrastructure. Domestic purchase prices for milling wheat have fallen by 16%, feed wheat by 17%, barley by 14%, corn by 8%, and rapeseed by 5%. Export flows have also slowed sharply, with average daily shipments over the past week amounting to around 48 thousand tons, compared to approximately 144 thousand tons per day in the first half of the month.