Demand remained stable on the Ukrainian wheat market
There was noticeable demand for Ukrainian wheat in the feed sector
This led to a price increase of $4/mt, bringing the CPT Odesa price to $211-212/mt (week Nov 14 -21).
The spread between milling and feed wheat narrowed to $10-11/mt, down from $6-7/mt a year ago.
The Deputy Minister of Economy announced that Ukraine does not intend to restrict wheat exports this season, given the higher yields and lower export rates at the start of the current season.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea & Danube Grain Market” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
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