New crop wheat prices continue to rise

< span style="font-size:14px;" > following the growth of stock quotes, prices on the physical wheat market also turned up. This is facilitated by increased demand from Asian buyers, who started buying wheat from deliveries in the second half of 2021. due to increased demand, forward prices for wheat of the new crop in Ukraine have already crossed the level of 2 250/ton for deliveries to the port in July and almost caught up with prices for May deliveries of wheat of the old crop, which are in the range of<255-258/ton. < / span> < / p>

< span style="font-size:14px;">Taiwan has announced a tender for the purchase of 90 thousand tons of American wheat, Thailand plans to purchase 455 thousand tons of wheat of any origin, and the Philippines will hold an international tender for the purchase of 60 thousand tons of wheat.

< span style="font-size:14px;">Filipino processor SMC purchased 60 thousand tons of Australian feed wheat for delivery on June 25 – July 18 at a price of 3 320/ton CFR.

< span style="font-size:14px;" > against the background of rising stock quotes, offer prices for Black Sea wheat of the old crop rose to 2 275-285/ton FOB, but demand remains low, while sellers from Australia, Argentina and Europe can still offer large batches of wheat of the old crop.

< span style="font-size:14px;">Australia has exported 10.6 million tons of wheat out of the projected 21 million tons since October 1, which means that it can still sell 10.4 million tons by the end of the season.< / span> < / p>

the EU countries exported 22.1 million tons of wheat this season out of the projected 27.5 million tons. this is 26% lower than last year's pace, and by the end of the season, 5.4 million tons remain free for export. < / span> < / p>

Ukraine exported 15.126 million tons of wheat in my 2020/21, which is 26.6% less than a year ago, and can sell another 2.4 million tons. < / span> < / p>

wheat exports from Russia are 13% higher than last year's pace and have already amounted to 36.1 million tons, and by the end of the season it is planned to sell another 3.4 million tons. < / span> < / p>

< span style = "font-size:14px;" >the United States has already exported 23.13 million tons of wheat and plans to ship another 3.68 million tons by June 1.< / span> < / p>

< span style="font-size:14px;">July US futures rose yesterday:< / span> < / p>

• < li> < span style= " font-size: 14px;" > by 6 6.52/t to до 273.40 / t for soft winter SRW wheat in Chicago,< / span> < / li>
• < span style= " font-size: 14px;" > by 6 6.50/t to до 263.50 / t for hard winter HRW wheat in Kansas City,< / span> < / li>
• < span style="font-size:14px;" > by 5 5.05/t to.287.30/t for hard spring hrs wheat in Minneapolis.

on Paris Euronext, May wheat futures fell by 3.75 €/t to 248.5 €/t or 2 298.2/t, while September futures rose again by 5.75 €/t to 226.25 €/t or 2 271.5/t. < /p>

on the Chicago Stock Exchange, July Black Sea wheat futures rose by вчора 2/ton to 2 268/ton yesterday, and December futures rose by 1 1.5/ton to 2 272/ton. < / span> < / p>