[apk]Ukraine wheat and corn prices down over past week -APK-Inform

07-12 18:08

  KYIV, June 28 (Reuters) – Ukrainian wheat export bid prices

  decreased by $4 a tonne over the past week thanks to improved

  forecast of wheat output in key producing countries, the

  APK-Inform agriculture consultancy said on Monday.

  Soft milling wheat with 12.5% protein was traded at $236 to

  $244 FOB Black Sea while feed wheat, which also lost $4 a tonne

  stood at $234-$241 FOB.

  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 11.5% protein milling wheat bid prices for

  the 2021 harvest stood at $250-$252 a tonne FOB Black Sea with

  the delivery in August.

  Ukraine has said it can harvest around 30 million tonnes of

  wheat this year versus 25 million tonnes in 2020.

  APK-Inform said corn bid export prices declined by $12 over

  the past week to $272-$280 FOB, while bid prices for

  Ukrainian-origin barley added $3 to $236-$241 per tonne FOB

  Black Sea.

  (Reporting by Pavel Polityuk, editing by Louise Heavens)

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