Ukrainian wheat export and domestic prices continued to fall


Last week, Ukrainian wheat prices continued to fall both in the domestic and export markets. Export prices for old-crop milling wheat closed the week down another USD 1-2. According to UkrAgroConsult estimates, roughly 5-7% of this season’s exportable wheat stocks are still left to be shipped abroad.

In the domestic market, demand prices for milling wheat kept sinking. Apart from market factors, the prices were additionally pressured by a strengthening national currency. On average, demand prices for milling wheat closed the week down another UAH 50-100/MT.

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