- Domestic prices higher: Ukrainian feed barley bids rose to UAH 9,000-10,200/t CPT on tightening seasonal supply.
- Port values supported: Export terminal prices settled at USD 208-223/t CPT-port amid firm demand from domestic consumers and traders.
- Corn competition: Cheaper corn limited fresh barley buying as feed mills and poultry producers favored lower-cost alternatives.
- Neutral to marginally bullish tone: Supply contraction underpins prices, but price-sensitive demand and corn substitution cap near-term upside.
Ukrainian Feed Barley Market Update
The Ukrainian feed barley market moved higher last week, driven by a seasonal tightening in available stocks and steady interest from domestic consumers and trading companies. With on-farm and commercial inventories gradually declining, sellers were able to secure stronger price levels across key regions.
Many poultry producers and feed manufacturers, however, remained cautious buyers, relying on existing barley stocks while reassessing forward coverage. Corn emerged as a strong competitor in feed rations, with its comparatively lower cost prompting some substitution away from barley and tempering overall spot demand.
Price Overview
| Market Segment | Location / Basis | Price Range | Currency |
|---|---|---|---|
| Feed Barley (Domestic bids) | Ukraine, CPT | 9,000–10,200 | UAH/t |
| Feed Barley (Export terminals) | Ukraine, CPT-port | 208–223 | USD/t |
Domestic bid prices consolidated in the UAH 9,000-10,200/t CPT range, reflecting the tighter supply environment. At Ukrainian export terminals, feed barley traded at USD 208-223/t CPT-port, levels that offer some support but provide only limited competitiveness versus other Black Sea origins.
Market Analysis
Neutral to Marginally Bullish: Seasonal supply contraction is lending fundamental support to Ukrainian feed barley prices, but the market remains highly price-sensitive. The ability of corn to undercut barley in feed formulations is capping upside potential, particularly for cost-focused feed manufacturers.
Traders should closely track the pace of barley stock drawdown and the evolving price spread between barley and corn. A widening spread in favor of barley could trigger renewed demand, while sustained corn discounts may keep buyers sidelined. Current price levels suggest a broadly balanced market with constrained immediate export appeal compared with alternative Black Sea origins.
Source: Market Data
Leave a Reply