- Prices Stable: Ukrainian class 3 milling wheat export prices held steady at $206-214/t CPT Greater Odessa and $206-212/t CPT Danube ports as of January 22, 2026.
- Weak Demand: Low trading activity persists due to reduced competitiveness of Ukrainian wheat in international markets.
- Mild Pressure: Some exporters trimmed purchase prices after covering earlier export commitments, keeping sentiment neutral to slightly bearish.
Ukrainian Wheat Export Market Overview
The Ukrainian wheat export market was broadly unchanged this week, with milling wheat prices showing minimal movement. According to APK-Inform, bid prices for class 3 milling wheat remained within recently established ranges at key export corridors.
| Commodity | Port / Location | Price Range (CPT, $/t) | Date |
|---|---|---|---|
| Class 3 Milling Wheat | Greater Odessa ports | $206–214/t | 22 Jan 2026 |
| Class 3 Milling Wheat | Danube ports | $206–212/t | 22 Jan 2026 |
Bid levels at Greater Odessa ports held in the $206–214/t CPT range, while Danube ports were quoted at $206–212/t CPT as of January 22, 2026. These levels indicate a stable price environment with no significant upside momentum.
Market Activity and Demand
Trading activity remained subdued, with low purchasing and sales volumes across the export market. The main factor weighing on turnover is the limited competitiveness of Ukrainian wheat versus alternative origins, both within the Black Sea region and globally.
Supply conditions appear moderate, with neither buyers nor sellers exerting strong pressure on prices. Some exporters slightly reduced their purchase bids after covering obligations under previously concluded export contracts, but these moves have not materially shifted the broader price structure.
Market Sentiment and Outlook
Overall sentiment is neutral to slightly bearish. Stable but lackluster pricing reflects Ukraine’s continued struggle to gain a competitive edge in the global wheat market. With demand soft and exporters adjusting bids downward after covering prior positions, near-term upside for prices appears limited.
Going forward, traders will be watching whether Ukrainian wheat can narrow its competitiveness gap against other Black Sea and international suppliers. Price stability is likely to persist unless there is a notable tightening in supply or a shift in relative pricing that makes Ukrainian origin more attractive to buyers.
Source: Market Data
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