Ukrainian Wheat Prices Continue to Slide Amid Mounting Supply and Export Challenges

Kim Chul Son 22-Jul-2025

Wheat prices in Ukraine witnessed a significant decline in the first half of July 2025, continuing the downward trend seen in June. The fall was driven by weak export performance, rising domestic inventories, and reduced global demand. With the EU slashing Ukrainian wheat import quotas and traditional markets shrinking, excess supply is expected to pressure prices further in the second half of July, according to market experts.

As per the recent assessment by ChemAnalyst, the prices of wheat witnessed a severe drop in the Ukrainian market during the first half of July **** and this was part of the sharp downward trend that had prevailed throughout the previous month, June. The price decline is an interwoven result of poor export performance, a growing domestic supply and an adverse future demand worldwide. Changing trade dynamics and steep inter-international competition have also had a notable impact on the market, with the effects still dragging down Ukraine grain industry.

According to the data, in June ****, the price of Wheat on an FOB Odessa (Ukraine) basis was assessed at USD ***/metric ton, reflecting a month-on-month decline of *.***.

Considerable headwinds were experienced in the wheat market of Ukraine in June ****. The Cereal Price Index of the Food and Agriculture Organization dropped to...

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