Exchange quotations for wheat continue to fall, so we expect a price decrease in Ukraine as well.

The improvement in the global wheat balance for the 2025/26 marketing year is putting pressure on prices, which is reflected in export prices in Ukraine, which are also affected by Russian attacks on port infrastructure and the rising cost of insurance and freight for Black Sea shipping after hitting civilians. Wheat quotations on global exchanges fell by 1.6-2.9% over the week under the pressure of the fairly good condition of winter wheat crops in major exporting countries. Yesterday, March futures for wheat decreased: Quotations in the USA are supported by strong demand for cheap American wheat, but the entry of Australian and Argentine wheat into the market will reduce demand in the second half of the season. Wheat exports from the USA during December 5-11 increased by 23% compared to the previous week to 488 thousand tons, and overall in the 2025/26 marketing year amounted to 14.12 million tons, which is 21.9% ahead of last year's pace. According to the European Commission, ...