Ministry of Agrarian Policy has set minimum export prices for agricultural products in May

The Ministry of Agrarian Policy has approved the minimum export prices for agricultural products that will be in effect in May of this year. The corresponding decision is formalized by the order dated May 12, No. 1736.

This is reported by AgroReview

Which crops are covered by the export support regime

The established minimum prices apply to a wide range of agricultural products, namely: honey, nuts, wheat and meslin, rye, barley, oats, corn, soybeans, rapeseed, sunflower seeds, as well as soybean, sunflower, and rapeseed oil and cake.

Frequency of price updates

The list of minimum export prices for the specified products is updated monthly by the 10th. Thus, exporters should refer to the new price indicators when concluding contracts for the export of agricultural products in May.