New
Take your supply chain intelligence to the next level with Tridge Eye.

Export demand prices for wheat in Ukraine have increased amid the falling hryvnia exchange rate and limited supply

Published Mar 14, 2025

Tridge summary

Ukraine is experiencing a rise in wheat demand and prices due to market uncertainty caused by reciprocal duties, alongside a slight drop in the hryvnia exchange rate. Despite limited supply and a moisture deficit affecting crop development, wheat export volumes are lower than last year. However, an increase in US wheat export sales and a decrease in prices following a USDA report have led to a rebound in prices. Algeria has purchased 450,000 tons of wheat at a high price, and importers are maintaining steady prices which may limit further increases in Ukraine. The 23rd International Conference BLACK SEA GRAIN.KYIV, to be held on April 24 in Kyiv, will focus on the development of the grain sector in the Black Sea and Danube region.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Amid uncertainty on world markets caused by the introduction of reciprocal duties, Ukraine is experiencing a slight increase in demand for wheat, which, against the backdrop of limited supply, is contributing to an increase in prices. The hryvnia exchange rate, after strengthening to 41.2 UAH/$, fell again to 41.5 UAH/$, which supported export prices. During the week, export demand prices for wheat with delivery to Black Sea ports increased by $2-3/t: Despite the insignificant precipitation in Ukraine, the general moisture deficit negatively affects the development of winter crops. The pace of wheat exports from Ukraine is lower than last year. During March 1-12, 416 thousand tons of wheat were shipped (990 thousand tons for the same period in 2024), and in total, 12.4 million tons have already been exported in the MY 2024/25 (12.76 million tons last year on this date). By the end of the season, Ukraine will be able to export approximately 3 million tons more. The USDA’s ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.