The rising of grain prices in the world market affected Ukrainian wheat as well. Ukrainian wheat prices continued growing in the export and domestic markets.
Export prices for Ukrainian wheat closed the week up on average another USD 1-2/MT FOB, February delivery. The prices were pushed up by global market trends, reports UkrAgroConsult.
In the domestic market, prices both for milling and feed wheat also continued increasing in view of the further devaluation of the national currency.
Check up prices and online charts on UkrAgroConsult website.
Surging U.S. corn exports should gain even more pace, supported by a weakening dollar and dry weather in Argentina and South Africa.