Ukraine continues playing one of the major roles on the global grain market, because the increasing production volumes and qualitative parameters of the exported goods give significant advantage to Ukrainian traders.
At the same time, the USA and EU countries started losing their positions due to more competitive prices of Ukrainian products and fairly attractive freight rates, the Vice-President at INTL FCStone Matt Ammermann declared.
In such a case, the UAH devaluation processes have both negative and positive impact on the country economy. The weak hryvnia and opportunities to sell grains at attractive prices make Ukrainian agricultural producers expand crop planted areas. In turn, Ukrainian exporters start reducing export prices for grains on FOB terms. As a result, Ukrainian corn becomes the most competitive and attractive crop on the global market, said the expert. (APK-Inform/Business World Magazine)
