Wheat

After a long decline in Ukraine, wheat prices stabilized


Since the beginning of last week there has been a certain stabilization of the price situation in most regions of Ukraine in the field of food wheat after a long downgrade.

A large number of proposals, the need for farmers to free storage space against the background of the approaching beginning of harvesting, favorable weather for the development of Grains and moderate demand processors, закупавших raw materials in small quantities, continue to put pressure on prices. However, prices were supported by the shortage of fuel in the country and its increase in price, affecting both the supply of Grains as well as making it difficult to carry out field work.

June most processors fix the demand for Wheat of classes 2 and 3 in the range of 179,3-221,7 and 176-218,5 €/Tonne. Meanwhile, the purchase prices of export-oriented companies in the southern region sometimes reach 241,3 or 238 €/ton.

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