KIEV: Ukrainian export wheat prices have risen by $3-$4 per tonne over the past week in response to expectations of a decrease in the 2020/21 harvest in Ukraine as well as in other exporting countries, APK-Inform agriculture consultancy said on Wednesday.
Milling wheat from the new 2020 harvest was quoted at $172-174 per tonne CPT (Carriage Paid To) in small Ukrainian Black Sea ports as of June 3 compared with around $168-170 a week earlier, the consultancy said.
The consultancy said feed wheat prices had also risen to $160-164 per tonne from $159-161. Ukraine's economy ministry has said that drought during the sowing and wintering was likely to cut this year's wheat harvest to around 23 million tonnes from 28.3 million tonnes in 2019.
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