Prices for wheat and barley grow due to the lack of active sales by the manufacturers
As of 26 July, the wheat is gathered from the area of 4,196 million ha (68%). With a yield of 39.6 t/ha harvested 16,605 million tons of grain. The forecast of wheat production remains at the level of 24-25 million tons.
Barley was threshed on 2,254 hectares (78%). At the reporting date collected 7,386 million tons of grain yield of 32.8 t/ha. Forecast of production acmany is 9-9. 5 million tons.
the Pace of harvesting of early grain crops is better than last year, but the pace of sales and exports completely opposite of last year. First, manufacturers sell rye, and barley and wheat hold, hoping to get the best prices. The prospect for a good wheat crop in Russia, which will reach 65-67 million tonnes and record exports of wheat from Russia puts pressure on prices in the black sea region.
the Main importers, continue to wait until the price of wheat in the region reaches the "bottom" to start purchasing. Support for their sentiment give prices on the American and European market that syraucse during the week. The question of wheat quality in Ukraine did not receive clear answers, so traders are actively buying milling wheat. The absence of significant supply of quality wheat has pushed for the week, prices go up by 1-2 $.
Now the cost of grain on the basis of CPT-port are: feed wheat – 139 $/t, or 4050 UAH/t, wheat 2 KL – 145-146 $/ton or 4150 UAH/t, wheat 3 CL – 142-143 $/ton or RS 4100/t. Prices for feed barley are also grown to the level of 129-131 $/ton or 3700 UAH/t with delivery to the port.