Bad weather pushes up Ukrainian wheat export prices
KYIV, July 19 (Reuters) - Ukrainian milling wheat export bid prices rose by $3 to $6 a tonne over the past week on uncertainty over the harvest in the Black Sea region because of bad weather, the APK-Inform agriculture consultancy said on Monday.
The 2021 harvest's soft milling wheat with 12.5% protein was traded at $225 to $232 Black Sea free on board (FOB), the consultancy said in a report.
Feed wheat prices were flat at $217-$224 FOB.
Ukraine exported 44.6 million tonnes of grain in the whole of the 2020/21 season, with the government expecting exports to rise to 56 million tonnes in the 2021/22 season thanks to a bigger harvest.
Ukraine has said it can harvest about 30 million tonnes of wheat this year, up from 25 million tonnes in 2020.
APK-Inform said that corn bid export prices fell by $3 over the past week to $263-$270 a tonne FOB and bid prices for Ukrainian new-crop barley rose $5 to $200-$215 a tonne FOB Black Sea.
(Reporting by Pavel Polityuk Editing by David Goodman)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.