According to the Ukrainian Ministry of Agriculture, Ukraine’s grain exports have reached 128,000 tonnes in the first 5 days of new 2021/22 July-June season.
The volume included 65,000 tonnes of wheat and 59,000 tonnes of corn, the data showed.
Ukraine, which started the 2021 grain harvest, plans to thresh around 76 million tonnes of grain in 2021.
Of this, around 30 million tonnes will be wheat.
Meantime, Ukrainian wheat export bid prices fell by $6 a tonne over the past week due to improved forecast of wheat output in the BlackSea region and in Europe.
According to the APK-Inform agriculture consultancy, indeed, the 2021 harvest’s soft millingwheat with 12.5% protein was traded at $230 to $239 FOB Black Sea, while feed wheat, which lost $5 a tonne stood at $223-$232 FOB.
Corn bid export prices rose by $7 over the past week to $278-$287 FOB, while bid prices for Ukrainian – origin new crop ‘s barley fell sharply by $21 to $212-$220 per tonne FOB Black Sea.