Both export and domestic grain prices showed growth last week. Export wheat prices gained $1-2 supported by global trends and seasonal complications in seaports.
An announcement of ice campaign usually causes some increase in grain handling costs (although insignificant). Moreover, Ukrainian hryvnia fluctuated and traders continued buying grain actively last week.
The prices for 2nd grade wheat (12.5% protein) strengthened to $183-185/MT FOB with January-February delivery.
Domestic milling wheat prices gained on average UAH 50 towards the weekend. (UkrAgroConsult/Business World Magazine)
