Press

A new postponement - President Trump announced that no agreement was signed at this week's summit but gave a vague estimate that there would be a chance that an agreement would be signed at the summit next month.

Prices of grain and soybeans have risen, especially against the backdrop of US floods and favorable prospects in the US-China trade relationship. The United States is experiencing heavy flooding in the West and the West, caused by heavy rain and snow caused by a cyclone that hit the areas. This puts pressure on agricultural commodity prices, especially due to planting delays.

Ubm Agri Trade, the Romanian-Hungarian partnership with strong knowledge on the trading market, is expanding its product portfolio, offering its customers besides soybeans, other cereals such as: wheat, corn, corn, soybean and sunflower.

Ubm Agri Trade was established in 2017 as a Romanian-Hungarian partnership with strong knowledge on the regional grain and cereal trading market. Ubm Agri trade focuses on the growth of the local feed industry, compared to the already existing multinationals on the agricultural market, whose aim is to export.

Leo Lambrea, former head of BriseGroup's trading division, became associate of UBM Agri Trade, part of UBM Group, one of Hungary's largest grain and oil traders, with a stake of 10% which entered the Romanian market this summer.