Export prices of new-crop Ukrainian wheat surged amid tough world balance




According to APK-Inform, the indicative export prices of Ukrainian new-crop wheat increased sizably last week.

The prices were supported by the strengthening of the global stock market amid tough world balance, expected significant decrease of Ukrainian crop in 2022 as well as unfavorable weather in France, the USA, Australia, India and Pakistan.

The indicative prices of new-crop 12.5% and 11.5% wheat increased to 325-350 and 320-345 USD/t FOB (July-August) last week.

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