In general, the food wheat market remains relatively stable price situation, except for some price adjustments by individual companies. This factor is inherent in the Ukrainian market, despite the decline in prices on stock markets, primarily given that the number of grain offers is low and continues to decline.
Most flour mills keep prices within the previously formed limits – 5700–6450 UAH/ton.
Foreign exchange demand prices in ports are announced in the range of 201–208 USD/ton, CPT port, which, in principle, is within the level of last Tuesday. At the same time, real deals are concluded at prices in the range of 204–207 USD/ton, CPT port.
Hryvnia prices in ports have not changed significantly since Tuesday and are in the range of 6400–6650 UAH/ton, CPT port.
- The strengthening of the national currency may help reduce hryvnia prices in ports.
In the feed wheat market, prices also remain relatively stable. Price support is provided by low grain supply. At the same time, the interest of importers in the purchase of Ukrainian wheat is declining in anticipation of the new harvest of wheat, which in turn is traded at lower prices.
The prices of processing enterprises, depending on the region and the volume of the purchased consignment, are in the range of 5400–6250 UAH/ton.
Export-oriented companies are interested in purchasing feed wheat at prices not exceeding 204 USD/ton.
In ports, the hryvnia prices of buyers decreased slightly due to the strengthening of the national currency, and are in the range of 6100–6400 UAH/ton.
- Declining demand for grain, as well as strengthening the national currency will contribute to downward price trends.
- The low supply of feed grain, in turn, will support prices.
Trade and procurement activities were mainly declarative in nature. Buyer prices remained within the previously formed limits, mainly due to the fact that the bulk of buyers have formed the necessary stocks of grain.
In ports, prices are in the range of 160–164 USD/ton and 5000–5200 UAH/ton, CPT port.
- The number of grain offers will continue to decline.
- Demand for feed barley will be moderate.
In the stock markets there is a decrease in prices for corn, both old and new crops. This fact affects the formation of prices for Ukrainian corn.
Thus, as of Tuesday, processing companies have reduced the maximum purchase prices by an average of 50 UAH/ton and are announcing them in the range of 4400–5150 UAH/ton, taking into account the cost of delivery.
Currency prices in ports often do not exceed 166–167 USD/ton, CPT port, which shows a decrease from Tuesday by an average of 1 USD/ton.
In turn, hryvnia prices in ports behave ambiguously. The main part of buyers keeps prices within the previously formed – 5100–5400 UAH/ton. At the same time, single buyers report a decrease in the demand price by an average of 50 UAH/ton.
- The corn market will continue to decline, despite a limited supply.