Dynamics of prices for feed grain

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In early October, grain prices changed greatly due to prices falling at world commodity markets. If to compare grain prices formed in September and in the first decade of October this year, it can be...

In early October, grain prices changed greatly due to prices falling at world commodity markets. If to compare grain prices formed in September and in the first decade of October this year, it can be noted that wheat prices (under CPT) dropped in price by 18% (289 UAH/t) to the level of 1,333 UAH/t. Wheat prices (under EXW) decreased in value by 23% (352 UAH/t) and cost 1,203 UAH/t. Corn prices (under EXW), decreased by 21% (334 UAH/ton) to 1,290 UAH/t.

* From October 1 to October 11 inclusive

Fig. 1. Dynamics of prices for feed grain, October 2010 - October 2011 (according to traders’ data)

In the period from October 4 to October 11 this year purchase prices for wheat and maize were decreasing. Wheat prices (under CPT) fell by 12.6% (188 UAH/ton) to 1,305 UAH/t. Wheat prices (under EXW) fell by 3.7% (45 UAH/t) to the level of 1,180 UAH/t. Corn prices (under EXW) fell by 1.5% (20 UAH/t) and cost 1,280 UAH/t.

Fig. 2. Dynamics of prices for feed grain (according to traders’ data)

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