KYIV- Ukrainian wheat export prices have declined over the past week due to an increase in harvest forecast in main producing countries and largest offers from growers, analyst APK-Inform said on Monday.
Ukraine harvested around 23 million tonnes of wheat from 87% of the sown area as of Aug.6.
APK-Inform said in a report Ukrainian 12.5 protein wheat was traded at around $202-205 per tonne FOB Black Sea, while wheat with 11.5 protein content lost $3-4 per tonnes to $200-203 per tonne FOB Black Sea, the consultancy said.
Ukraine harvested a record 75.1 million tonnes of grain in 2019 but sees the 2020 harvest falling to around 68 million tonnes due to poor weather.
The economy ministry said on Monday Ukraine's 2020/21 July-June season grain exports fell by 31% to 3.5 million tonnes as of Aug.10.
(Reporting by Pavel Polityuk, editing by Louise Heavens) ((pavel.polityuk@tr.com; +380 44 2449150; Reuters Messaging: pavel.polityuk.thomsonreuters.com@reuters.net))
