Global wheat prices are falling, but in Ukraine are growing

After the jump in wheat prices on Monday in Chicago yesterday, traders continued to record profits.

March U.S. wheat futures fell:

1.75 $/t to 172,60 $/t for solid winter HRW wheat in Kansas city

0.55 $/t to 220,55 $/t on a firm spring HRS wheat in Minneapolis.

1,84 $/t to 167,46 $/t for SRW soft winter-wheat in Chicago

French wheat under pressure from the strengthening Euro depreciated after Chicago.

March delivery milling wheat on MATIF fell 1.25 €/t to 159,5 €/t (197,71 $/t).

the Pace of grain exports from Russia hit record due to higher prices for Russian wheat. The leader of the Russian export has now become a St. Petersburg company REEF, whose Dubai-based trader GTCS during July-December export of 4.02 million tons of grain.

the Next largest exporter was Glencore, has increased in comparison with last year the volume of exports by 45% to 2.57 million tonnes, the Third position is occupied Aston, which increased exports by 21% to 1.68 million tons.

While Cargill has reduced exports by 8% to 1.44 million tons, and Multiplied by 15% to 349 thousand tons.

After the increase in prices of Russian wheat in the Egyptian tender to 207-210 $/t on FOB basis, in Ukraine, in the port prices for wheat rose to the level

protein 11,5% – 178 $/t,

feed – 171-172 $/t

protein 12,5% – 180 $/t,

https://graintrade.com.ua