1. Thomson Reuters Methodology on Black Sea Grains Price Assessments
Svetlana Malysh, Black Sea Agriculture Markets’ Analyst
Thomson Reuters Kiyv/Ukraine

2. PURPOSES OF USING PRICE ASSESSMENTS:
COMMODITY PRICE ASSESSMENTS THE REASONS FOR QUOTING
Market’s demand for reliable, exact and regular monitoring of Ukrainian grain prices
Weak correlation with international exchanges/ benchmarks
Necessity to confirm Ukrainian market real prices
PURPOSES OF USING PRICE ASSESSMENTS:
Hedging various risks
Determining the contract prices for fiscal authorities (transferring)
Development and using financial instruments based on the price assessments

3. <30% of World Wheat exports <16% of World Corn exports
BLACK SEA REGION ONE OF THE MOST POWERFUL PLAYERS ON GLOBAL GRAIN MARKET
Thomson Reuters: Price Assessments in Commodities markets, including Oil, Oil-Products, Gas, LPG, Energy and others
Black Sea region supplies the global market with:
<30% of World Wheat exports
<16% of World Corn exports

4. UKRAINIAN WHEAT FOB/CPT – CBOT SRW

5. UKRAINIAN WHEAT FOB/CPT – MATIF MW

6. UKRAINIAN CORN FOB/CPT – CBOT

7. UKRAINIAN FEED BARLEY

8. THOMSON REUTERS METHODOLOGY
PRICE ASSESSMENTS FOR GRAINS, OILSEEDS & BY-PRODUCTS

9. OILSEEDS, VEGOILS & BY-PRODUCTS
THOMSON REUTERS PRICE ASSESSMENTS
GRAINS (FOB & CPT Odessa)
12,5% Protein Wheat
11,5% Protein Wheat
Feed Wheat
Feed Barley
Feed Corn
OILSEEDS, VEGOILS & BY-PRODUCTS
Soybeans (FOB & CPT Odessa)
Rapeseed (FOB & CPT Odessa)
Crude Sunflower Oil (FOB Chornomorsk)
Sunflower Meal in Pellets (FOB Odessa)

10. METHODOLOGY CORE PRINCIPLES
Commodity
Name and specifications
Delivery Basis
Shipment/delivery period
Payment terms
Price units and range
Data collecting methods
Polling of 50+ market participants (exporting companies, traders, farmers, agriholdings and brokers as well)
Anonymity of respondents is guaranteed
Phone, s, messaging, etc
Sources of information and data
Reliability
Credence
Independent / non-affilated sources
Information and data:
Relevant
Credible
Representative

11. METHODOLOGY CORE PRINCIPLES
Delivery bases for grain quotes
Ports of Odessa;
Port Chornomorsk;
Port Yuzhnyi;
Price
For Ukraine: on СРТ and FOB basis – in US dollars per metric ton ($/MT, excluded VAT).
Price Range
In US dollars shouldn’t exceed 6 $/MT.
Volume of commodity parcel
For the delivery on CPT basis – more than 1.0 KMT
For the delivery on FOB basis – about 25.0KMT (Handy lots)
Shipment period
Up to calendar days

12. TR & MARKET OPERATORS’ CORN PRICE DATA CORRELATION: 93%

13. TR BLACK SEA PRICE ASSESSMENTS:
Based on 20+ years of experience in commodity markets coverage
Accessible for clients all over the world
Named as official source of trusted information in Ukraine and globally

14. THANK YOU! Svetlana Malysh +38050 3260400 svetlana.malysh@tr.com