Bulgaria. Milling and feed wheat prices are supported by import demand

02.03.2017

Milling and feed wheat continued rising in price. Export price for Bulgarian milling wheat with 11.5% protein closed the week up another $1 at $186-188/MT FOB for March-April shipment. It was pushed up by stable demand from importers. Purchase prices in the domestic market have gained another $2 over the last week, reports UkrAgroConsult.

Domestic prices for feed wheat have reached the level of milling wheat. Domestic supply is actually absent, most of feed wheat stocks were shipped for export back in the first half of the season.

Some revival of trade is reported in the corn market. Corn offers from growers somewhat increased. In turn, traders at last resumed export shipments due to growth of export prices.

 

UkrAgroConsult

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