Ukraine. Farmers speed up wheat sales at peak prices before new harvest
The approach of the new harvest puts pressure on traders who hold long positions. This also affects prices, as the growing supply forces traders to sell more actively and fix the sale of stocks on the foreign market. This is reported by Spike Brokers.
At the same time, Ukrainian farmers have accelerated the sale of wheat stocks, taking the current price levels as the maximum before the new harvest, which is traded at a significant discount to the current one.
In turn, the new crop wheat is becoming more and more interesting, as a result of which the spread between the old and new crop continues to narrow. In the ports of Odesa, 11.5% wheat was traded at 212-214 USD/t on DAP, feed wheat – 202-204 USD/t DAP.
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
Jordan cancels wheat tender and announces new one for 120 thsd tons
Israel may restrict Black Sea wheat imports amid new trade deal with the US
Ukraine сompletes 2025 sugar production season
Australian GrainCorp forecasts profit decline in fiscal 2026
Mexico launches anti-dumping investigation into apples from the US
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon