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Traders made 2006 food wheat 0.7 mn MT export contracts on exchange market
28.08.2006 11:02 "Agro Perspectiva" (Kyiv) —
As of Aug 23, traders have concluded export contracts on Ukrainian exchange market for this year crop wheat 711,135 MT, with spot contracts having been made for 587,415 MT wheat (forward contracts 123,720 MT), reported Ukrainian Agrarian Exchanges Union. As to report, export contracts wheat average US$ sale prices were US$130140 per MT, CPT (UAH sale prices UAH650710 per MT). As earlier reported, as of Aug 16, agrarians had harvested 2006 crop wheat 13,633.000 MT. Ministry of Agrarian Policy forecasted 2006 wheat crop would reach 17 mn MT (with food wheat sharing 2/3 total). As to Agro Perspective earlier report, 2005/06 MY (Jul05/Jun06) wheat export totaled 6.483 mn MT, up 2.159 mn MT (+ 49.9%) against 2004/05 MY; however, Agrarika Ltd experts are convinced 2005/06 MY wheat export was 4 mn MT.
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