Demand for Ukrainian wheat in the EU is growing

At the same time, the share of Ukraine in the total import of wheat to the countries of the European Union decreased to 56%, against 63% last year.

The share of Ukraine among the total imports of wheat into the EU decreased to 56%, compared to 63% last year for the period from July 1 to August 18. This is reported by Spike Brokers.

At the same time, against the background of problems with quality wheat, European buyers are actively considering offers of food wheat from Ukraine.

The latest indications of buyers of grain from the ports of Great Odesa:

• DAP Ukraine (12.5pro) ~$201-203;

• DAP Ukraine (11.5pro) ~198-200 dollars;

• DAP Ukraine (10.5pro) ~180-182 dollars;

• DAP Ukraine (forage) ~178-180 dollars.

The cost of delivery of wheat (11.5pro) from Romanian ports under DAP terms is approximately $208-210.

At the same time, the share of Ukraine in the total import of corn into the EU increased. Thus, since July 1, the European Union imported 2.9 million tons of corn, which is 27% more than in the same period last year. Ukraine’s share was 64%, or 1.9 million tons, compared to last year’s figure of 1.4 million tons.

The latest indications of buyers of agricultural crops from the ports of Greater Odessa under DAP conditions are approximately $178-180.

The import of rapeseed in the EU for the reporting period amounted to 492 thousand tons, which is 39% more compared to last year. The main share of imports was Australian rapeseed (59%). As a result of the lack of harvest, Ukraine’s share was only 140,000 tons, or 28%.

The cost of delivering rapeseed (42%) from the deep-water ports of Odesa under DAP conditions is approximately $460-470.

USM recently wrote that processors propose quotas on wheat exports.