Barley Prices Rise in Ukraine Amid Limited Supply

The price of barley in Ukraine has seen a notable increase by the end of November 2024. Key factors driving this rise include a limited grain supply and active exports. Additionally, transportation and storage costs have increased.

Barley Price Trends in November 2024

The price of barley in Ukraine has experienced a steady increase over the past week. Here’s a closer look at the price movement:

As of November 29, the average price was UAH 7,848 per ton. This reflects a trend of rising prices due to stable demand and tight supply.

Wheat Prices Show Decline

In contrast to barley, wheat prices have been on a downward trend. The average wheat price decreased by more than UAH 80 per ton last week.

While the price of wheat peaked at UAH 8,684 per ton on November 18, it has since been steady at UAH 8,601 per ton by November 29, reflecting a relatively stable supply.

Key Market Influences

Experts say that barley prices are mainly driven by increased export activity and low domestic stocks. In contrast, wheat prices have fallen due to a strong market supply.

Farmers should closely monitor market conditions and adjust their sales strategies accordingly.

Conclusion

With rising barley prices and falling wheat prices, farmers may want to hold onto their barley stocks for higher returns. Wheat prices are impacted by an abundant supply, so caution is advised. Traders and exporters should explore barley market opportunities while managing transportation and storage costs.

Source : Landlord





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