The downward trend in Ukrainian export market changed to some price growth.
Last week wheat export prices strengthened. The prices for 2nd grade wheat (12.5% protein) grew by $1 to $168-170/MT FOB, while 3rd grade wheat prices (11.5% protein) reached $161-164/MT FOB for October delivery.
Some recovery of importers’ demand for October-November was observed on the market. Demand prices of Ukrainian milling wheat also strengthened.
An even more significant growth was observed on Ukrainian feed wheat market. Last week feed wheat export prices increased by $3-4 to $156-160/MT FOB (October-November delivery). (UkrAgroConsult/Business World Magazine)