Ukrainian wheat has lost price due to increased supply
30.07.2025 - 09:35
Despite the delay in harvesting, export activity is stabilizing the market situation.
In Ukraine, wheat purchase prices have decreased — traders have already managed to contract the necessary volumes for July deliveries. This is reported by the Electronic Grain Exchange of Ukraine.
At the same time, heavy rainfall in the west of the country, which is holding back the pace of harvesting and worsening the quality of grain, is preventing quotes from falling lower.
Thus, prices for food wheat with delivery to Black Sea ports have fallen by 300–400 UAH/t and are currently fluctuating within the range of 10,600–10,700 UAH/t or 223–226 $/t. Feed wheat has fallen in price by 200–300 UAH/t — to 10,300–10,400 UAH/t ($218–220/t).
Quotations have returned to levels that correspond to export contracts, in particular, the terms of international tenders.
Against the backdrop of a protracted start to the harvest, the pace of wheat exports in July is significantly lower than last year. As of July 28, Ukraine had supplied only 408 thousand tons of wheat to foreign markets, which is 3.5 times less than in the same period in 2024 (1.44 million tons).
As of July 25, Ukrainian farmers had threshed over 10.3 million tons of new crop grain from 3.24 million hectares — this is only 29% of the total sown area. In particular, 2.17 million hectares of wheat (7.08 million tons), 838.7 thousand hectares of barley (2.79 million tons) and almost 191 thousand hectares of peas (412.4 thousand tons) were threshed.
As USM previously wrote, in Ukraine, agricultural businesses are most often opened in the Odesa, Kyiv, and Lviv regions.
