Prices for Ukrainian grain in the ports of Great Odesa remain stable

Export prices CPT Odesa remained stable, while factory parities show mixed dynamics.

SPIKE Brokers analysts have published quotes for Ukrainian grain and oilseed crops.

Thus, the average export prices (CPT Odesa) as of November 6 were:

• for corn — $207/t (unchanged);

• for wheat 11.5% — $221/t ($0);

• for feed wheat — $209/t (+ $1);

• for GMO soybeans — $404/t (+ $1).

Prices for factory processing (CPT Odesa parity) were:

• for GMO soybeans — $444/t (+ $4);

• for rapeseed — $594/t (unchanged);

• for sunflower — $690/t (– $1).

The stability of export prices for corn and wheat indicates a relative balance on the international market, while a slight increase in the price of feed wheat and soybeans may signal increased demand or limited supply.

Also, as reported by USM, the Syrian port of Latakia received a shipment of Ukrainian wheat.