Ukraine. Milling wheat export market strengthened last week


Last week saw mixed price trends in the Ukrainian wheat market. Milling wheat held in price there. Although world prices closed the week with a decrease, the Ukrainian export market showed slight strengthening of 12.5%-protein wheat prices for August-September delivery. Prices for 11.5%-protein wheat remained within last week’s range, reports UkrAgroConsult.

At the same time, some downward adjustment was reported in the feed wheat market. This price behavior resulted from expanding global supply of feed wheat and a fall in that of milling wheat. In particular, some of Ukrainian growers reported a large share of feed wheat in the crop while harvesting.

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