All-Ukrainian Agrarian Council predicts a narrowing of the difference between food and feed wheat prices
28.08.2025 - 11:00
The Ukrainian wheat market is experiencing a seasonal adjustment. This is gradually reducing the difference in cost between segments.
Analysts at the PUSK cooperative, established within the All-Ukrainian Agrarian Council reported, that food wheat has fallen in price by $2–3/t and is currently trading in the range of $228–230/t. An additional decrease of $1–2 is possible by the end of the week.
The reason is the decrease in demand from major importers, in particular Egypt and the Middle East, where the markets are currently oversaturated.
At the same time, feed wheat maintains stable demand, as it remains the cheapest option for feed grain compared to corn and barley. Last week, the difference in price between food and feed wheat reached $20/t, and there is a possibility that food grain will become even cheaper than feed grain.
According to the Council forecasts, the price gap may narrow to $10–15/t in September, and further dynamics will depend on the stabilization of demand and market activity in October.
Analysts note that in August, the supply volume traditionally increases: Romania, Russia, France, the USA and Germany enter the market. This leads to short-term price pressure. At the same time, the PUSK emphasizes that “there are no prerequisites for a serious price collapse.”
In the medium term, in particular, in January-March 2026, it is possible to restore conditional prices for food wheat to $250–260/t on a CPT-port basis.
The day before, USM wrote that Turkish duties are creating additional pressure on Ukrainian sunflower oil.
