Wheat market: Prices continue to rise in Ukraine

Published 2024년 12월 17일

Tridge summary

Last week, the Ukrainian wheat market experienced price increases due to a scarcity of grain offers, with flour mills raising purchase prices in an effort to acquire more grain. However, the lack of high-quality grain offers and the difficulty in selling flour have led to a decrease in trader demand, resulting in a stabilization of prices. The prices for grade 2 wheat were set between 9,700-10,700 UAH/t CPT, and for feed wheat between 8,400-9,400 UAH/t CPT.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Ukrainian market in the wheat sector last week saw some price increases. This is reported by analysts of APK-Inform. It is noted that flour mills continued to complain about the lack of grain offers, so they were ready to increase purchase prices, trying to attract additional grain volumes. Farmers continued to restrain the sale of high-quality grain and offered mainly feed wheat and grade 3 wheat. There were almost no offers of grade 2 wheat. Read also: Sunflower market: sunflower supply in Ukraine remained extremely limited “However, due to difficulties with the sale of flour, many sellers considered further price increases inexpedient. ...
Source: Agrobusiness

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