Main question, which was in the air at GAFTA dinner 2024 on 12 June was the level of new crop prices for Ukrainian wheat and barley, said Christina Serebriakova, CEO of ASAP Agri. And the more clear levels appeared last week finally. «New crop 11.5 protein 11.5 mw was indicated by sellers at 230 USD/MT FOB POC for August delivery, feed wheat – at 211 USD/MT FOB POC for August delivery and barley – at 191 USD/MT FOB POC for July delivery", said Filipe POHLMANN GONZAGA, Managing Director at BRYCE SA.

ASAP Agri should add, that this is +8% y/y for 11.5 pro wheat, +3% y/y for fw and +5% y/y for barley. In spite of prices are higher y/y, we see that the trend is bearish, as harvesting campaign has already started in Odesa, Mykolaiv, Dnipro regions.