Ukrainian wheat prices gained after the last Egyptian GASC tender

Thanks to the Ukrainian success at the last Egyptian GASC tender, wheat prices of the next crop recorded some gains during recent days, Agritel reports.

The 12.5% milling wheat of the next crop is dealing above 190 USD/t port delivery, the consultancy writes. The 11.5% wheat is dealing at 188 USD/t. The discount for the feed quality is widening to reach 13 USD/t.

Barley prices for delivery crop return to season highs at 165 USD/t. The corn is traded at 147 USD/t, delivered Odesa, crop delivery.

The rapeseed is displayed at 410 USD/t. The first forward prices for the sunflower are showing the sunseed price at an equivalent of 385-390 USD/t, delivery pre-port crushing unit, 20% VAT included.

As of June 5, wheat export from Ukraine reached 20.19 mln t, 34% or 5.01 mln t more y-o-y.

Learn more:

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