Thursday 16 September 2010

Prices

There's a big ship in port desperate to find a load of sunflowers and Crimea has yet to start combining.

Consequently we are seeing 3,500UAH (284GBP) straight off the field but word has it that once the ship is loaded we will see prices slide to sub 3,000UAH (243GBP).

Wheat prices are holding steady at 1,500UAH (121GBP) which is good but not as good as 2,300UAH milling wheat is currently trading at in Europe.

Another 200-300UAH would make a world of difference to a lot of farmers budgets.