
Ukrainian Wheat Prices Drop As Global Market Decline
Ukraine Wheat Prices Decline on Weak Global Trends
Ukrainian wheat prices declined further this week, pressured by falling global market quotations. After experiencing a brief increase last week, prices for feed wheat dropped by USD 0,02-0,03 per kg to USD 0,226-0,227 per kg, while food wheat decreased to USD 0,228-0,234 per kg.Farmers have intensified wheat offerings following recent rains that improved crop conditions. Increased supplies at local markets have also contributed to the downward trend.
Global Wheat Market Faces Increased Pressure
World wheat prices have seen significant reductions. Over three trading sessions, soft wheat futures fell by around 3% in Chicago and 3,9% in Paris due to favorable weather forecasts for key winter wheat regions.In the latest update, the European Commission raised its estimate for the EU's soft wheat production for the 2025/26 season to 126,5 million tonnes, up significantly from 111,8 million tonnes in the previous year. Despite lower ending stocks projected (7,3 million tonnes compared to 9,4 million tonnes), this figure may rise if export rates remain low this season.
Recent Global Wheat Price Movements (May 2025 Contracts)
US wheat currently holds the lowest global price, though recent export sales data disappointed traders, dropping to 100,300 tonnes for the 2024 crop, lower than anticipated.USDA's Upcoming Forecast Could Further Affect Prices
The USDA is set to release its first planting forecast next Monday, which may indicate increased corn and wheat acreage at the expense of soybean areas. Such projections could potentially further depress wheat prices globally.Market participants will closely watch these developments, as ongoing weather patterns and planting decisions will shape market sentiment in the weeks ahead.
