Most Ukrainian processors are building up 3-5 months of wheat stocks, taking advantage of the favorable price decline.
The wheat harvest in Ukraine is almost complete, and the market is entering a phase of balancing supply and demand, Spike Brokers reports.
Food wheat remains under pressure due to increased global supply from major producers in the northern hemisphere. At the same time, feed wheat received support due to lower liquidity of feed grains and a delay in the start of the corn harvest campaign, brokers note.
“Domestic processing continues to actively purchase food wheat within its annual demand – up to 7 million tons. Most mills and processors are building up stocks for 3-5 months, taking advantage of favorable price declines,” the report says.
Prices for domestic processing show a premium: for quality wheat with gluten over 20% and protein content of 11.5%, a premium of up to $5 is already offered against the export market.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Sunflower meal supplies to China increased fourfold in March
Argentina to cut wheat production by a quarter in MY 2026/27
Brazil considers used cooking oil imports to expand SAF production
Ukraine and Saudi Arabia agree to deepen cooperation in food security
North American wheat market grapples with adverse weather conditions
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon