Food wheat in most regions of Ukraine is gradually becoming more expensive, for the week its price for 2 and 3 class amounted to 5500-6500 UAH/ton and 5400-6300 UAH/ton, which is by 100-400 UAH higher than last week’s figures, reports analytical agency “APK-Inform”.
“As of July 26, processors predominantly fix demand prices for wheat of 2nd and 3rd class within 5500-6500 UAH/tonne and 5400-6300 UAH/tonne SRT respectively, which is 100-400 UAH/t higher than the end of last week,” analysts noted.
According to their information, prices are supported by insufficient supply of grain of new harvest due to restrained sales by agrarians and slowdown of harvesting campaign in some regions of the country due to rains.
In addition, market participants often report that wheat of the new crop is closer to feed condition in terms of quality. Locally in the central region of the country there is an increased share of grain infected with sooty mold, which also affects the gradual rise in prices, stated APK-Inform.
