<\/p>\n
As of February 17, the demand prices for Ukrainian food wheat of 2nd and 3rd classes on the basis of CPT-deepwater ports in dollar terms decreased by $ 2 per ton against Tuesday – to $ 290 and $ 288 per ton against the background of weak demand. In hryvnia equivalent, prices for 2nd and 3rd class wheat on the basis of CPT deep-water ports remained at Tuesday’s level.<\/p>\n
This was reported by analysts at G.R. Agro.<\/p>\n
Analysts say that GASC bought 180,000 tons of wheat from Romania in the tender, despite a large number of proposals from Ukraine and Russia. Ukraine showed the lowest price on the FOB basis – $ 315.30 per ton, but lost to Romania, which showed the cheapest price on the basis of C & F – $ 338.55 per ton. Wheat futures on the CBOT rose on February 17 amid tensions between Russia and the West due to Ukraine, and fears of supplies from the Black Sea.<\/p>\n
“Demand from importers and any changes in the geopolitical conflict may affect prices. Information on increasing the forecast of wheat production in Russia in 2022, as well as a possible revision of the country’s formula for calculating export duties may cause pressure on prices,”<\/em> – analysts predict G.R. Agro.<\/p>\n It is reported that in the feed wheat export market, demand prices on the basis of CPT-deepwater ports decreased by $ 2 per ton against Tuesday against the background of pricing in neighboring markets. Experts predict that further pricing will depend on neighboring markets and demand levels.<\/p>\n It is noted that as of February 17, the demand prices for feed corn on the basis of CPT-deep-water ports in dollar terms decreased by $ 2 per ton against Tuesday – to $ 274 per ton.<\/p>\n “A large number of offers together with low trade activity put pressure on prices. At the beginning of the week, traders expected disruptions in sea supply, which did not occur, which caused additional pressure on prices. At CBOT, corn futures are on the rise amid risks of crop losses in South America due to drought, despite improved weather forecasts,”<\/em> the statement said.<\/p>\n According to analysts, the large number of offers of Ukrainian corn, as well as the possible improvement of weather conditions in South America may put pressure on prices.<\/p>\n Analysts G.R. Agro adds that the demand for feed barley on the basis of CPT-deep-water ports of Ukraine in dollar terms remained at Tuesday – $ 273 per ton. t according to the USDA forecast.<\/p>\n It is projected that the limited supply and tender of the Turkish TMO on February 22 for the purchase of 255 thousand tons of barley with supply in the period 1-31 March may support prices.<\/p>\n It will be recalled that market participants have already begun to actively discuss prices for the new harvest of sunflower and corn. Therefore, the new sunflower harvest is being discussed at $ 660-670 \/ t.<\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" As of February 17, the demand prices for Ukrainian food wheat of 2nd and 3rd classes on the basis of CPT-deepwater ports in dollar terms decreased by $ 2 per ton against Tuesday – to $ 290 and $ 288 per ton against the background of weak demand. In hryvnia equivalent, prices for 2nd and […]<\/p>\n","protected":false},"author":4489,"featured_media":397543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[24,23],"tags":[],"yoast_head":"\n