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Food wheat prices continue boosting
17.02.2006 16:00 "Agro Perspectiva" (Kyiv) —
Within last week food wheat prices continued strengthening/demonstrated further growing tendency, reported Agrarika Ltd.
As to Agrarika Ltd, food wheat was demanded by both processors as well as export-orientated companies.
Agrarika Ltd experts admit despite purchase prices boosting there was no lots offers growth.
As to experts, low offer is to be explained by goods producers having assumed wait-and-see policy as well as free wheat lots reduction.
As to Agrarika Ltd, 4 class food wheat purchase prices were UAH660–690/t
(CPT port)/US$115–120/t (CPT port).
Experts say feed wheat market was influenced with same tendencies as of food wheat.
Exporters demand remained stable/backed up earlier formed prices.
Feed barley prices continued boosting due to export-orientated companies high demand.
Offers number was rather limited. In this situation processors preferred purchasing cheaper kinds grains.
Feed maize demand remained high; maximal prices have got stabilized end week, due to export-orientated companies having fulfilled fixed-term contracts. Both exporters as well as domestic consumers showed interest in feed maize purchases. Prices are quite possible to continue strengthening in near future due to stable demand as well as export quality maize offer slight lowering.
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