Insufficient coverage of export contracts by forward purchases will support barley prices.

In the barley market, purchasing prices will remain under pressure in the coming weeks due to expectations of a high yield, however, the situation may change as early as the beginning of July due to limited grain supply and active export demand from China. This is reported by the analytical department of the agricultural cooperative PUSК, created within the All-Ukrainian Agrarian Council (VAK). "The market expects a good harvest of winter crops, particularly barley. If weather conditions remain favorable, one can expect a high volume of grain and yields above average. This factor is currently contributing to the reduction in purchasing prices. At the same time, the FOB market does not show as sharp a decline as the domestic market," analysts note. Current purchasing prices at ports remain below the levels derived from export quotations. "The new crop on FOB is currently quoted at around $220–223 per ton. After deducting costs for transshipment and document processing, the price..."

In the coming weeks, the market for barley will continue to exert pressure on purchasing prices due to expectations of a high yield, but the situation may change as early as the beginning of July due to limited grain supply and active export demand from China. This is reported by the analytical department of the agricultural cooperative PUSК, created within the All-Ukrainian Agrarian Council (VAR). "The market expects a good harvest of winter crops, particularly barley. If weather conditions remain favorable, we can expect a high volume of grain and yield above average. This factor is currently contributing to the reduction in purchasing prices. At the same time, the FOB market does not show as sharp a decline as the domestic market," analysts say. Current purchasing prices at ports remain below levels implied by export quotations. "The new crop is currently quoted at around $220–223 per ton FOB. Subtracting costs for transshipment and document processing, the price on a CPT-port ...