Monday, 2 August 2010

Wheat prices

Last day of my hols, heading back to Ukraine in the morning.

I was on a Suffolk beach this week running along the sand and taking in the fresh air thinking "what is that large golf ball like construction off in the distance?"
Sizewell B nuclear reactor is what it was. I was hoping for the chance to de-radiate by getting out of Ukraine for a week.

I see wheat prices have gone through the roof. We are being quoted 1,400UAH (177USD/111GBP/134EUR) which is a tad off what markets are reporting so I think we will hold out for a little longer before we sell any significant quantities.

I have also heard that Ukraine will be setting export quotas for wheat from next week which is not so good.