Ukraine extends 0.714 adjustment factor for minimum agricultural export prices through year-end

The Cabinet of Ministers has extended the use of the 0.714 adjustment factor for calculating minimum permissible export prices for certain agricultural products. Resolution No. 1192 of September 30 extends the mechanism through October–December 2026.

The factor is applied to the baseline assessment of minimum permissible export prices and is intended to better reflect actual market prices and the significant increase 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 amid worsening export logistics due to disruptions to maritime shipments and attacks on port infrastructure. Against this backdrop, 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. Average daily shipments over the past week amounted to around 48 thsd tons, compared with approximately 144 thsd tons per day in the first half of the month, representing a roughly threefold decline.

The government expects the 0.714 adjustment factor to bring minimum permissible export prices closer to actual market conditions and help prevent some foreign trade contracts from being blocked. The resolution enters into force on the day of its publication.

Tags: Ukraine, export, agricultural products