Wheat prices in Ukraine reached the highest in the season level

As of January 30, Ukraine exported 11,483 million tons of wheat or 71,77% of agreed with the agriculture Ministry in 2018/19 Mr exports of 16.5 million tonnes, the export Rates at 708 thousand tons inferior to last year, however, the demand for domestic wheat has significantly intensified recently amid slowing exports of Russian grain. Only in January 2019 were exported 917 thousand tons of wheat.

In the 2017/18 season, Ukraine exported 17.2 million tons of wheat in the amount of 2.83 billion $ and exceeded the agreed Memorandum, the volume of 16.5 million so the Situation can repeat and now.

In the Ukrainian ports, the prices for food wheat rose to 220-223 $/ton, and for feed – up to 210-212 $/t, which has a maximum current season.

the World's wheat exchanges started the week with growth rates.

• March futures for milling wheat on Paris Euronext was up 0.5 €/t 204.5 €/t or 233,91 $/tonne, despite a decline in weekly export to seasonal low 27,68 thousand tons, which is only 10% from the previous week.

this season, the EU exported 9.4 million tons of wheat, which is 26% lower than the level of the corresponding period last year. However, over the last week in the EU was imported to 97.1 thousand tons of wheat, and from the beginning of the season to 3.1 million tonnes, which is 31% more than last year.

the Growth of the weekly exports of wheat from the U.S. at 19,7% to 440 thousand tons supported by quotes, although total exports from the beginning of the season is of 14.82 million tonnes, which is by 10.95% lower than the level of the previous MG. To achieve predictable USDA export volume of 27.2 million tonnes traders need to increase the rate of the weekly exports of wheat from the current 463,1 thousand tons to 590 thousand tons.

market Participants expect that after the purchase by China an additional 5 million tons of U.S. soybeans, it can step up purchases of wheat and corn.

March wheat futures rose:

0,64 $/t to 187,57 $/t for solid winter HRW wheat in Kansas city.

• 0.55 $/t to 193,18 $/t for SRW soft winter-wheat in Chicago

decreased on 0,28 $/t to 211,18 $/t hard spring HRS wheat in Minneapolis.