Ukraine, AgriMarket.Info: Rather a complicated situation arose last week in the market of feed barley. Market operators reported about numerous protractions on the part of authorities, issuing quarantine and phyto-sanitary certificates for not yet exported, but already contracted volumes of feed barley. Corresponding governmental bodies have given no public comments of their actions and published no official documents in this respect. As a result, the exports of feed barley at the moment have become virtually impossible in any civilised frameworks. No new contracts for supplies of feed barley from Ukraine were concluded last week, and bidding prices of most of the exporters, after some period of oscillations, started to drop. Towards the end of the week the range of bids constituted 700 to 760 hryvnias per tonne on a CPT-port and 650 to 700 hryvnias per tonne on an EXW basis (5.33 hryvnias = $1).

Bidding prices for feed barley somewhat dropped, which, in turn, somewhat pushed up grain owners to sales. On the whole, no sharp deficit of this grain has been observed.

The level of bidding price has dropped not everywhere. Barley in ports was still being bought at 720 to 760 hryvnias per tonne on a CPT basis (5.33 hryvnias = $1). The range of bidding prices on an EXW basis was most often voiced between 630 and 680 hryvnias per tonne.

29 August, 2003