[apk]Ukraine wheat prices flat, corn rises over past week -APK-Inform

2021-07-16

  KYIV, June 6 (Reuters) – Ukrainian wheat export bid prices

  were flat over the past week on weak demand, staying at

  $260-$264 a tonne FOB Black Sea, the APK-Inform agriculture

  consultancy said on Sunday.

  Feed wheat lost $1 a tonne to $255-$260 FOB Black Sea.

  Ukraine sold about 57 million tonnes of grain to foreign

  buyers in the 2019/20 season. The government has said exports

  could decline to 45.8 million tonnes in 2020/21 due to a weaker

  harvest.

  APK-Inform said milling wheat bid prices for the 2021

  harvest stood at $240-$247 a tonne CPT (Carriage Paid To) Black

  Sea and $235-$240 for feed wheat.

  Ukraine has said it can harvest up to 30 million tonnes of

  wheat this year versus 25 million tonnes in 2020.

  APK-Inform said corn bid export prices rose by $6 over the

  past week to $284-$297 FOB, while bid prices for

  Ukrainian-origin barley added $1 to $243-$250 per tonne FOB

  Black Sea.

  The consultancy said new crop corn traded between $245-$250

  a tonne CPT Black Sea with the delivery in October-November.

  The consultancy last month said it had kept its forecast for

  Ukraine’s 2021 grain harvest unchanged at 73.6 million tonnes.

  The harvest totalled 64.9 million tonnes in 2020.

  (Reporting by Pavel Polityuk; Editing by William Mallard)

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