Ukraine: World wheat prices jumped after the shelling of the largest port in Nikolaev
Wheat
Ukraine
Published Jun 9, 2022
Tridge summary
Last weekend the Russian missiles destroyed a warehouse with a meal in the largest port of Nikolaev - Nika-Teri then the prices for wheat on the world exchanges grew by 4-5%, having returned to the level of the previous week. This was reported by graintrade.com.ua.
Original content
Last weekend the Russian missiles destroyed a warehouse with meal in the largest port of Nikolaev - Nika-Teri then the prices for wheat on the world exchanges grew by 4-5%, having returned to level of the previous week. This was reported by graintrade.com.ua. It is noted that on June 6, futures rose: Prices were supported by the NASS USDA report, according to which as of June 5, 82% of spring wheat was sown in the United States, and seedlings were only 55% compared to 97% and 83%, respectively, on average over 5 years. A new season has begun in the United States, and as of June 5, 5% of winter wheat has been threshed, compared to an average of 6%. The number of winter wheat crops in good condition for the week increased by 1% to 30% compared to 50% last year. According to FranceAgriMer, in France the number of wheat crops in good or excellent condition for the week decreased by 2% to 67% due to a deficit of precipitation. ASAJA experts believe that due to the heat and lack of rain ...
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