KYIV, July 31 – In Ukraine, over 14.7 million tons of wheat have been harvested from 3.5 million hectares, and purchase contracts have already been signed not only for August but also for September. Prices are rising, reported the Pusk analytical cooperative, created within the framework of the Ukrainian Agrarian Council (UAC).

"On the CPT wheat markets, prices are rising by $5-6 per ton, while on the CIF markets, they are rising by only $1. Usually, CIF market prices rise first, so this situation indicates traders are having trouble covering contracts. Therefore, traders are encouraging farmers with higher prices," said the analysts.