Ukrainian wheat export prices increased slightly last week


Ukraine’s market of grains somewhat revived last week following the holidays. Export prices for Ukrainian wheat of all grades closed the week with an increase. In the export market, the most significant rise was still observed in feed wheat price, which gained some USD 3/MT over the week. The least gain is reported in prices for 11.5%-protein wheat, which closed the week up USD 1/MT.

Thus, the spread between prices for feed wheat and 3rd grade wheat is equal zero now. This occurs extremely rarely in the Ukrainian market (last time it was seen in September 2013), though the gap between wheat prices shrinks to a minimum USD 2-3/MT FOB, reports UkrAgroConsult.

Milling wheat with 12.5%-protein also showed growth over the week: up USD 2/MT FOB for January-February delivery. In general, Ukrainian wheat prices were pushed up by strengthening of wheat export offers from America last week as well as from the neighboring Russia.

Check up prices and enjoy free online charts on our website. Daily updated commodity exchange prices (CBOT, ASX, BCE, MATIF, WCE, LIFFE) and cash market quotations for wheat, corn, barley, soybean, sunflower and other agricultural commodities in Ukraine, Black Sea region and world are available in section "Prices and Futures".




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