Platts proposes to rename FOB CVB Corn and Wheat assessments

Platts, part of S&P Global Commodity Insights, proposes to rename its FOB CVB basis Constanta corn assessment and FOB CVB basis Constanta wheat assessments effective Oct. 14, 2024.

In order to provide greater clarity on basis location, the assessments would be renamed as follows:

Wheat FOB CVB basis Constanta (12.5%) to Wheat FOB CVB (12.5%), symbol ACVBA00

Wheat FOB CVB basis Constanta (11.5%) to Wheat FOB CVB (11.5%), symbol ACVBB00

Corn FOB CVB basis Constanta to Corn FOB CVB, symbol ACVBC00

Platts understands that market participants do not differentiate between the three individual ports (Constanta, Varna, Burgas) when transacting on a FOB CVB basis.

Please send all comments, feedback, and questions to mrts_agricultureandfood@spglobal.com and pricegroup@spglobal.com by Sept. 16, 2024. For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.