Electroverse
UKRAINE EXPECTING POOR QUALITY WHEAT
The Ukraine–the breadbasket of Europe–is forecast to have lower quality wheat in the recently-commenced 2022/23 marketing year, due, mainly, to the impact of cold weather earlier in the season.
Ukrainian farmers have now harvested 82% of the planned area of wheat, with 15.5 million mt in the bins; however, trade sources have warned that the overall quality will be far lower than normal, with a large share of feed wheat.
“I know that the quality is bad, but I have not seen any ratings yet; I think more than 50% is rated as feed. We also used to have high protein wheat in the south and the east, in the steppe, while in central and western parts it was lower. And this year its unlikely that some additional fertilizers were added for the quality,” one analyst pointed out.