The wholesale price of Argentine wheat rose slightly by 5.65% YoY to 0.23 USD/KG in W4 Oct 2021. Wholesale prices also soared in Ukrainian wheat by 127.04% to 0.42 USD/KG at the same time. The price increase is in line with the high demand in the importing country. In Ukraine, adverse weather has pushed prices higher, meanwhile, we will see wheat production in Argentina is expected to reach record levels in 2021-22 along with wheat exports.