Posted on September 6, 2023

Lower freight rates from Danube shallow water ports means that Turkish buyers are more interested in Ukrainian imports.

The price of Ukrainian feed wheat on a CIF Marmara basis has become more competitive; freight rates dropped from $49/mt to $40-43/mt, while an increase in freight rates from Russian Azov ports made Russian origin less attractive.
However, this applies only to low-protein wheat.

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