Price policy for wheat in Ukrainian ports continues to fall

The price of American wheat on the Chicago exchange has a slight increase, despite weakened export relations with America. The price was quoted at $7.61/bu

UTB experts reported such news from the world of agribusiness in their Telegram chat https://t.me/utbllc

Wheat is white gold, its cultivation in Ukraine and export is a significant contribution to the economy of any country.

Meanwhile, Euronext European grain prices fell significantly to EUR 283.0/t. Quotation of Black Sea wheat remained unchanged – Black Sea in the region of $304.75/t.

The price policy for Ukrainian grain on the world market is decreasing, this was caused by the blocked ports of the Black Sea and instability in the further logistic routes of product export. To date, the Ukrainian grain quotation under the terms of DAP ports is $218/t, and under the terms of Izov a little more than $230-235/t.