According to APK-Inform, last week, the bid prices of new-crop feed barley decreased slightly in Ukrainian ports of Reni and Izmail.
The prices were pressured by progress of the harvesting campaign, mainly good and satisfactory condition of plantings, blockage of seaports along with limited capacities of alternative routes. Weak demand from European barley weighted on the prices as well.
The bid prices of new-crop barley for delivery in July-August decreased to 165-190 USD/t CPT-port in ports of Reni and Izmail. In some cases, they were announced at 100-130 USD/t CPT-port (mainly from intermediaries). The bid prices in hryvnia terms were announced mainly in the range of 5000-6000 UAH/t CPT-port.
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