Difference between milling and feed wheat in Ukraine is $13–15/t
The pace of Ukrainian wheat exports is 1.3 million tons lower than last year. At the same time, wheat remains the main item of foreign trade in October – its share is approximately 50% of the total agricultural exports of the month.
This is reported by analysts at Spike Brokers.
Wheat prices are gradually strengthening. The difference between milling and feed quality is 13-15 $ / t, which indicates stable demand for quality grain.
Last week, food wheat was traded in the range of 221-225 $ / t, while feed – 207-211 $ / t. The spot price index of food wheat (11.5 protein) with delivery within 30 days rose by $ 1 compared to Friday last week – to $ 221. The feed wheat index also grew by $ 1 – to $ 208.
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