The Ukrainian wheat market has seen a seasonal price correction in recent weeks, but this has mainly affected food grain. Feed wheat, on the contrary, remains in stable demand and may become even more expensive in the short term, reducing the usual price difference between segments.

This statement was reported by the analytical department of the First Ukrainian Agricultural Cooperative (FUAC), created within the Ukrainian Agri Council (UAC).

Export activity for food wheat has slowed, in particular due to lower demand in traditional markets.

"Prices for food wheat fell by about 2-3 USD/t last week and are currently in the range of 228-230 USD/t. Some buyers, especially Egypt and the Middle East in general, have started to reduce prices. Demand for food grain in these markets has begun to disappear as the markets are currently oversupplied," the FUAC noted.

The experts predict that by the end of the week, there may be an additional decline of 1–2 USD/t.

On the other hand, feed wheat remains competitive — demand for it is growing, in particular as the cheapest feed grain at the moment.

"On the contrary, demand for feed wheat is growing. Importers have partially stepped up purchases, as it is currently the cheapest feed grain compared to corn and barley. Last week, the price difference between the segments reached 20 USD/t, and it may happen that food wheat will be even cheaper than feed wheat," the analysts believes.

However, in September, the price difference between food and feed wheat is expected to narrow to 10–15 UAS/t. Further dynamics will depend on the stabilization of demand and market activity in October.

“In August, the supply of wheat traditionally increases: Romania, russia, France, the US, and Germany enter the market. The market cannot immediately ”swallow" such a large supply, so we see a seasonal decline in prices. There are no prerequisites for a serious price collapse," the FUAC added.

Analysts predict that in January–March 2026, the conditional prices for food wheat may return to the level of 250–260 USD/t on a CPT-port basis.