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A new crop of wheat will increase competition of Russia and Ukraine in foreign markets
This season in the harvest of black sea wheat (both Russian and Ukrainian) will increase the share of grain with high protein content, which could lead to higher prices for feed and low protein wheat. The Agency reports UkrAgroConsult citing black sea traders.
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In Russia and in Ukraine, the first results of harvesting showed that the proportion of high-protein grain has increased tremendously.

In Ukraine in average years the food and feed wheat correlates to 60/40. In the coming season, excluding spring wheat, the ratio is like 80/20, some experts say. But prevail still more modest estimate of the proportion of food grains is 65-70%.

Ukraine typically exports wheat and wheat with protein 11.5 per cent, but in the coming season, most likely, will be exported, mainly wheat with protein content of 12.5% and probably higher. Thus, Ukraine will directly compete with Russia on the markets of wheat of a similar quality.

 

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Источники: Зерно Он-Лайн
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