Wheat prices in Ukraine were stable during the week, although world quotes remain under pressure from increased supply

feed wheat with delivery to Black Sea ports. In the MY 2025/26 (as of October 17), Ukraine exported 5.61 million tons of wheat, which is 26% lower than the corresponding figure last year (7.08 million tons), and is 37% of the export forecast for the MY 2025/26. Prices may be supported in the coming months by the weather, which is not yet conducive to sowing winter wheat. In the optimal terms in Ukraine, as of October 14, 2025, only 55% of the planned areas or 2.821 million hectares have been sown with winter wheat, and in the event of a cold winter there will be a risk of crop failure. Prices for Russian wheat (12.5% protein) remain at $230-231/t FOB for delivery in November-December, but Sovecon experts predict an increase in export volumes from the Russian Federation in October to 5 million tons, which demonstrates the recovery of demand from importers, mainly from Africa. Wheat exports from Russia in September amounted to 5.1 million tons, and in total since the beginning of ...