Ukrainian farmers are reserved sellers preferring to keep grain in stocks. That keeps the prices of Ukrainian barley at high level despite the fact that the harvesting campaign is already 93% done.

As of last Friday, 02 Aug, buying ideas on CPT POC reached 173 USD/MT. It is 14 USD/MT higher compared to the beginning of Jul, and 8 USD/MT higher vs early June.

Strong CPT market is keeping FOB prices high. As of 02 Aug, the offer prices of Ukrainian barley were declared at 195 USD/MT FOB POC, up 17 USD/MT m/m.

“In the second part of July, when fields data showed decrease of yield, namely in the biggest region producer of barley in Ukraine – Odesa region, plus, CPT demand in deep sea ports jumped – sellers raised their offer ideas to about 195 USD/MT for handy and panamax size batches”, – stated Daria Marchenko, Broker at Atria Brokers.

Such high prices of Ukrainian barley switch eyes of buyer to Romanian Constanta, which time to time calculates better.

About detailed prospects of demand for Ukrainian barley in 2024/25 MY and competition from other origins you may read in the article “Upcoming barley trends or how to ride the wave?” by ASPA Agri in the Aug issue of Miller Magazine:

https://millermagazine.com/blog/upcoming-barley-trends-or-how-to-ride-the-wave-5812

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