Mintec to launch Ukrainian Feed Wheat Mintec Benchmark Prices

All Market Notes 16 June 2023

Following a period of market feedback, Mintec has decided to launch a weekly Mintec Benchmark Prices (MBP) for Ukrainian feed wheat. The assessment will begin publication effective from Friday, 30th June 2023. The initial proposal was communicated in a market note which can be found here.

The specification for this assessment will be as below:
 

The assessment will reflect the transactable value at 16:00:00 London time.

Feed wheat is one of the grains with the highest amount of protein available and is an important source of energy in animal feed. Ukraine is a large producer of feed wheat, and the assessment will support the demand for a FOB Benchmark and provide Mintec subscribers additional granularity and insight into the Ukrainian feed grains market.

Please send any questions or comments about this market note to Methodology@mintecglobal.com, and clearly state which market note your comments relate to, and if comments are intended for publication by Mintec.

Mintec will acknowledge receipt of all comments by email.