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Monday, November 9, 2020

Ukraine wheat, corn export prices flat over the past week - Successful Farming

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KYIV, Nov 9 (Reuters) - Ukrainian wheat and corn export prices were almost unchanged over the last week due to improving prospects for the 2021 harvest, APK-Inform agriculture consultancy said on Monday.

Last month, high demand from importers and worries about a delay in winter wheat sowing had pushed Ukraine's milling wheat export prices to the highest in two seasons.

Ukrainian 12.5% protein Black Sea wheat prices traded at $252-$256 per tonne FOB Black Sea at the end of last week, the consultancy said in a report.

For the lower-quality 11.5% protein wheat, prices were between $250 and $252 a tonne FOB.

Meanwhile, corn cost between $231 and $236 per tonne FOB, APK-Inform reported.

Ukraine, among the world's major wheat growers and exporters, plans to export 17.5 million tonnes of wheat in the 2020/21 July-June season.

The country, which also accounts for about 16% of global grain exports, sold about 57 million tonnes of grain to foreign buyers in the 2019/20 season. (Reporting by Pavel Polityuk; editing by Uttaresh.V)

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November 09, 2020 at 02:07PM
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Ukraine wheat, corn export prices flat over the past week - Successful Farming

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