Ukraine: Export prospects remain uncertain due to domestic barley market tense balance

Within this week food grain market sector remained rather tough due to grain holders limited offer/high declared prices, Agro Perspectiva reported April 15.

Though companies have somewhat raised purchase prices, agricultural producers were quite reluctant to sell off their grains reserves.

Feed barley market remained unchanged. Those export-orientated companies which had accumulated big grains reserves were unwilling to sell them off due to high purchase prices/storage expenditures.
As of now, barley export prospects remain quite uncertain due to domestic market tense balance. Besides, main barley consumers aren’t eager to make barley purchases as it is possible to buy maize/feed wheat at lower prices.

Export

Feed barley purchase prices were UAH1,210–1,280 per MT (EXW-ex-elevator, depending on regions/contract conditions). If barley export were free, feed barley US$ purchase prices would range within US$320–330 per MT (FOB)/US$310–320 per MT (CPT port).

16 April, 2008