Ukrainian wheat is discounted, barley is deprived of purchasing liquidity - analysts - 30.06.2022

Ukrainian wheat is discounted, barley is deprived of purchasing liquidity - analysts - 30.06.2022

The European producer is in no hurry to sell its own wheat, which gives Ukrainian sellers a certain head start and the opportunity to find a place for their wheat on the international market.

SPIKE BROKERS writes about this in its Telegram channel.

According to analysts, buyers are willing to pay a price of €370 FOB Polish ports for European wheat due to limited supply. Ukrainian wheat continues to be discounted due to the factor of logistical uncertainty and competition with European grain.

"Trade in wheat to Europe will require careful sorting and preparation of batches according to quality! It is difficult to find "multi-class" contracts, and, therefore, you need to be sure what quality you are sending," the experts remind.

It is noted that currently the DAP (Delivered at Place) border remains a priority export destination. Yes, wheat was traded:

DAP Latvia (July-August) — €345/335/300;

DAP Lithuania (July-August) — €350/340/300;

DAP Poland (July-August) — €345/335/300;

DAP Germany (July-August) — €370/360/No;

Sorce: https://latifundist.com/ Image: https://pixabay.com/