Risk Disclosure

UGA Index values and analytics are provided for informational and analytical purposes only. They are not investment advice, trading advice, a public offer or a recommendation to buy or sell any commodity.

Agricultural commodity prices may change rapidly due to supply and demand, weather, logistics, port access, freight, insurance, currency conditions, geopolitical events, regulation and global market developments. Past values do not guarantee future price levels.

UGA Index values are based on respondent data and methodology rules. Although the methodology is designed to support transparency and consistency, index values may be affected by data availability, respondent coverage, market liquidity, timing, validation rules and operational factors.

The platform may contain delayed, incomplete or incorrect data. Values may be reviewed before publication. Once published, values are intended to be locked according to the methodology, but technical or operational issues may still occur.

External market indicatives, including partner indicatives, may be displayed as reference information. They should not be treated as official UGA Index values unless expressly published as such.

Official UGA Index values are published in USD/t. UAH/t and EUR/t values are converted display values based on selected exchange rates. Currency movements may materially change converted values.

Any AI-assisted or model-based scenario outputs are analytical previews only. They are not guaranteed forecasts and should not be relied upon as predictions of future prices.

Users are responsible for their own commercial, trading, financial and risk-management decisions. Before making decisions, users should verify information independently and consider professional advice where appropriate.

To the maximum extent permitted by law, UGA Index, the Ukrainian Grain Association, project partners and technology providers are not liable for losses or damages arising from reliance on index values, analytics, scenario outputs, currency conversions, API data or other platform materials.