Bulgaria. Domestic wheat prices kept growing last week

23.03.2017

Milling and feed wheat prices kept rising in the domestic market in view of exhausting inventories in the country. Purchase prices for milling wheat increased on average roughly $2 over the week, while feed wheat gained $3, reports UkrAgroConsult.

At the same time, export prices sank to some extent. Export price for Bulgarian wheat with 11.5% protein closed the week down $1 for March-April delivery. The pace of shipments slowed down in the first half of March, though remaining far ahead of last year.

In the domestic corn market, a price downturn gave way to price growth. Miller purchases somewhat intensified. The export market is still flat. On average, export prices for Bulgarian corn closed the week down $3.

More information on price behavior on grain market in the countries of Black Sea region is available to subscribers for weekly market report "Black Sea Grain and Oil" and "Online market review" by UkrAgroConsult.

 

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