Ukraine's Wheat Prices See Ongoing Decline Amid Export Difficulties

Ukraine's wheat market continues to experience price pressure due to logistical and export difficulties. According to APK-Inform experts, this decline in prices has been ongoing over the past week. Despite a slight increase in demand from traders and higher food wheat prices on the export market providing some support for prices, processors continued to purchase wheat mainly for current needs.

Bid prices for Grade 2 wheat were reported in the range of UAH 6,400-8,100 per ton CPT and $166-177 per ton CPT-port. Feed wheat prices ranged from UAH 5,500-7,600 per ton CPT to $156-165 per ton CPT-port.