Within reporting week grains market trade activity remained zero low. Food wheat market segment didn’t undergo any significant changes as traders didn’t make any purchases due to grains export unclear prospects. All exporters have decided to withhold their grains reserves until export limitation is cancelled (that is, at least until end 2010).
As of this week, feed wheat market segment situation also remained unchanged against previous week. Experts admit within this week feed wheat was purchased mainly by mixed feeds plants; as to experts, in near future feed wheat prices will remain high with possible tendency towards growth. Export-oriented companies weren’t interested in feed barley within this week; moreover, exporters have already accumulated feed barley reserves significantly up against feed barley export quota size, so they are going to withhold them until grains export quoting regime ending.
As of this week, feed maize prices also remained high due to slack offer as maize owners didn’t want to sell maize at prices significantly undercut against potentially possible ones. Feed maize market segment stability has been supported also by fact that exporters (which had been playing key role in prices formation) have already left this market segment within this week. Under low competition condition, most processors have succeeded to retain their feed maize purchase prices unchanged against previous week.
EXPORT
Barley
As earlier, within reporting week not numerous free feed barley owners readily made prices discounts due to demand absence. As of this week, feed barley purchase prices ranged within UAH1,600–1,680 per MT (EXW-ex-elevator, central/southern regions)/UAH1,550–1,650 per MT (EXW-ex-elevator, other regions). However, as earlier, traders didn’t make any feed barley purchases due to grains quoting regime recent introduction.
As of this week, feed barley US$ purchase prices were US$245–255 per MT (FOB Black Sea big ports: Pivdenniy, Illichivsk, Odesa).
Within reporting week traders didn’t make any feed wheat purchases. As of this week, feed wheat offer prices remained UAH1,500–1,600 per MT (EXW-ex-elevator), unchanged against previous week.
As of this week, feed wheat FOB basis export prices ranged within US$235–245 per MT.
There was no food wheat trade within reporting week. As of this week, 3 and 2 classes food wheat declarative export prices (if global market prices conjuncture is taken into account) were correspondingly US$270–280 per MT (FOB Black Sea ports) and US$280–305 per MT (FOB Black Sea ports).
Maize
As of this week, feed maize purchase prices remained almost unchanged against previous week, — UAH1,500–1,650 per MT (EXW-ex-elevator, depending on regions/contract conditions).
As of this week, feed maize export prices ranged within US$235–250 per MT (FOB Black Sea ports).
Grain export prices, USD/ò
Grain type
17.11.10
10.11.10
October
2010 average
September
2010 average
August
2010 average
Min
Max
Min
Max
FOB, Ukrainian Black Sea port
2nd class wheat*
280
305
290
315
294
287
256
3rd class wheat**
270
280
275
290
274
267
241
Feed wheat
235
245
240
255
242
230
222
Feed barley
245
255
250
260
254
240
234
Feed corn
235
250
250
260
251
234
202
Feed peas
265
280
270
290
276
269
256
Wheat bran
175
185
180
195
187
150
120
Oats
180
190
180
195
181
162
144
DAF
Feed corn
220
230
235
245
234
218
191
Rye
175
185
175
185
179
168
156
*- protein content: minimum 12.5%
**- protein content: minimum 11.0%
Processors Activity
Processors admit within reporting week agrarians food wheat offers number remained low. Food wheat was offered only by those agrarians who urgently needed financial means.
In meanwhile, number of flour millers ready to purchase food wheat at current high prices is growing up each week as flour millers succeed, though with difficulties, to make their ready products sale prices growth official declarations. Besides, flour millers warehouses food wheat reserves are gradually getting exhausted, resulting in flour millers work getting still more difficult, — so they are obliged to constantly replenish their resources in order to assure uninterrupted ready products output.
Average purchase prices for food grains (ÑÐÒ processing plant), UAH/ò
Region
17.11.10
10.11.10
October
2010 average
September
2010 average
August
2010 average
Min
Max
Min
Max
2nd class wheat*
Western
1580
1730
1580
1730
1635
1510
1440
Northern
1600
1800
1600
1800
1660
1555
1500
Central
1600
1750
1600
1750
1665
1540
1520
Southern
1630
1750
1630
1750
1675
1570
1600
Eastern
1630
1800
1630
1800
1715
1605
1550
3rd class wheat**
Western
1520
1650
1520
1650
1575
1450
1385
Northern
1520
1650
1520
1650
1585
1460
1410
Central
1550
1650
1550
1650
1600
1480
1470
Southern
1550
1650
1550
1650
1600
1505
1540
Eastern
1550
1700
1550
1700
1625
1530
1470
*- protein content: minimum 12.5%
**- protein content: minimum 11.0%
