Egypt's increased purchases support prices for Black Sea and Ukrainian wheat

for delivery in December and January. Of these, 200 thousand tons of wheat will be delivered from the Russian Federation, 150 thousand tons from Bulgaria and more than 130 thousand tons from Ukraine. In addition, the agency is negotiating the purchase of another 500 thousand tons of grain from various countries, and the deal is expected to be concluded in early December. Against the backdrop of low supply, traders continued to raise purchase prices in Ukraine, and over the week, export demand prices for wheat increased by 50-100 UAH/t to 10,550-10,700 UAH/t for food wheat and 9,900-10,100 UAH/t for feed wheat with delivery to Black Sea ports, but prices in foreign currency remained at the levels of $218-223/t and $207-209/t, respectively. In the MY 2025/26 (as of November 10), Ukraine exported 6.5 million tons of wheat, which is 26% lower than the corresponding figure last year (8.5 million tons). It should be noted that wheat exports from the Russian Federation increased in ...