# Market is tend to forget about the trade wars, and the grain quality is more important than the currency factor — MGT Black Sea

> Ukraine's record wheat harvest and high export volumes marked the start of the 2019/20 marketing year, with heavy supply pushing domestic bids lower. A Millcorp Grain Trading executive says the market has tended to overlook trade wars, and grain quality now matters more than currency moves. Hryvnia strength also squeezed farmer margins.

- Date: 2019-12-23 · published 2019-12-23T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/55439-market-is-tend-to-forget-about-the-trade-wars-and-the-grain-quality-is-more
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large Black Sea wheat supply and quality-driven demand keep export prices under pressure, reinforcing a bearish wheat outlook.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- apk-inform.com: https://www.apk-inform.com/en/exclusive/opinion/1505549

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.