Wheat price in Sumy region

“G.R. Agro” regularly purchases wheat for the company’s elevators.

The purchase price of 1 ton of wheat at the elevators of the “G.R. Agro”

Actual prices: 04.06.2023

Wheat is a common agricultural crop in Ukraine. It is sold annually both in the domestic and foreign markets.

The grain crop is grown throughout Ukraine. The Sumy region is also famous for the yield of wheat, and especially for fodder. This type of grain is not intended for the food industry and is used only in the form of pet food.

The purchase price for wheat in the Sumy region is constantly changing and depends on various factors. For the farmer, it is formed when the products comply with the basic characteristics.

What influences the formation of prices for wheat

In Ukraine, the volume of wheat production only increases every year. This is primarily due to the great demand for this grain crop. Wheat price in the world market is formed on the basis of:

• yield;
• supply and demand;
• weather conditions in exporting countries;
• the economic situation in the world.

For the producer, the price of wheat depends on its presentation. And the cost can be influenced by criteria such as:

• The presence of impurities. Weed and grain impurities may be present in wheat. At the same time, the increased amount of trash impurities complicates the further cleaning of the grain, therefore, deteriorates its quality. Grain impurity has nutritional value, therefore, it is allowed in large quantities.
• Humidity. A criterion that affects the storage of a grain crop. High humidity can lead to a deterioration in the energy value of the grain.
• Smell. Quality wheat of all varieties is practically odorless. But, if stored improperly, it can absorb foreign odors. Fermented grains can have a sour or malty odor. The process of decay of protein matter leads to the fact that wheat smells like rot. The self-heating process is accompanied by the presence of a moldy odor.
• Uniformity. Each wheat variety has a characteristic shape and grain size. With a homogeneous crop, the product is easier to process. Different shapes and sizes of grains may indicate mixing of different varieties of wheat.
• Pests. The presence of pests in wheat is not allowed. If in one area the number of pests exceeds the norm, this can lead to the process of self-heating of the grain and the formation of mold.

The manufacturer can sell wheat in the Sumy region at a favorable cost only if the product meets all quality characteristics. “G.R. Agro” is ready to help and provide services for the storage, transportation and sale of grain crops on favorable terms.

How to sell wheat profitably

After harvesting, the question of how to sell wheat profitably becomes relevant. Each farmer is interested in getting maximum profit with minimum cost. However, not all farmers are able to profitably sell their products.

After harvesting, wheat in the Sumy region can be bought at a low cost due to the large supply. Many farmers sell their products at this particular time, since they are not ready to take on all the risks of storing grain crops. Indeed, due to improper storage, wheat can lose its presentation, and the manufacturer will incur heavy losses.

In order to sell wheat at a bargain price in the Sumy region, the company “G.R. Agro” recommends:

• choose the right period for the sale of grain;
• do not sell the entire volume of products at one time;
• analyze prices on the world market.

Throughout the year, the price of wheat changes, so it is not always possible to sell products profitably after the harvest. From year to year, you can buy wheat in the Sumy region at the highest cost in spring.

To obtain an average profit, even with small harvest volumes, it is recommended to split the products and sell them at different periods. For example, 20% after harvest, 20% from November to December, 30% from January to February, and the remaining 30% in the spring.

“G.R. Agro” is ready to help you follow all the tips and sell the crop with maximum profit.

Benefits of cooperation with “G.R. Agro”

“G.R. Agro” offers a full range of services for the effective sale of grain crops on the international market. We have created favorable conditions for cooperation and are ready to guarantee:

• affordable tariffs for all elevator services;
• fast delivery of vehicles for loading due to the availability own vehicle fleet;
• flexibility in making decisions regarding the purchase and loading of wheat on elevators;
• the opportunity to sell grain crops on the world market;
• updating prices for main crops for domestic producers;
• providing a full cycle of sales “from field to port”.