wheat

The main market for Ukrainian grain this month has become Indonesia. Ukrainian wheat supplies are losing momentum this month. ASAP Agri reports. During the period of November 1–24, farmers exported 968 thousand tons. November volumes will not reach the level of October (1.5 million tons) and may be lower than the figure for the same…

The government has abandoned the idea of ​​restraining foreign grain supplies due to better yields and weaker export dynamics at the start of the current season.

Although the total volumes decreased by 20% compared to the previous season, the main sales market – Egypt – on the contrary, significantly increased purchases.

Despite the increase in the forecast for the world, the forecast for the harvest and export of wheat in Ukraine remained unchanged.

Barley purchase prices in Ukrainian ports have risen again amid limited supply and active demand.

Grain prices are supported by both the domestic market and exports, while farmers are holding back sales in anticipation of more favorable conditions.

OAIC contracted about 600 thousand tons of soft wheat in the latest tender at a price slightly lower than the September one.

Egypt, the world’s largest wheat importer, is currently undergoing a significant market reformatting, with the share of private companies reaching 75%.

The continuation of negative export dynamics will increase pressure on the economy, which is already suffering from sanctions.

As of September 24, Ukraine has shipped almost 6 million tons of grain and leguminous crops to foreign markets.