Ukrainian traders continue reducing bid prices for wheat in ports – APK-Inform

Source

APK-Inform

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According to APK-Inform, in the Ukrainian ports of Great Odesa and Danube, last week, the traders' bid prices for wheat continued to gradually decrease.

The situation was caused by the increase in tension in the Ukrainian market due to the lack of understanding regarding the further export of agricultural products from Ukraine within the framework of the grain agreement and the even greater ambiguity of the situation with the supply of grain to foreign markets by land. Although, a more significant decrease in prices was limited by the delay in the planting campaign and the partial flooding of agricultural lands in some regions of the country.

Bid prices for milling and feed wheat in the ports of Great Odesa declined to 180-190 and 170-180 USD/t CPT-port respectively, in the Danube ports – to 185-200 and 180-190 USD/t CPT-port respectively. The maximum prices were rarely declared. 

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