07.
09.20
10:11

Russia: Wheat export prices rose sharply for the second time in a row

Russia's wheat export prices rose sharply for the second week in a row, reflecting the rise in wheat futures traded in Chicago.
Russian export wheat with 12.5% protein, loaded at Black Sea ports for delivery in September, rose by $ 5 late last week on the previous week based on FOB, reports the Russian agricultural consultancy Ikar. SovEcon, another Russian consulting firm based in Moscow, reports a price increase of $ 8 to $ 214 / ton. The price of barley rose by $ 1 to $ 186 / ton.
Russia's farmers who have started planting winter wheat for next year's harvest are increasingly concerned about the lack of rainfall, SovEcon said. Even light rainfall would help the future crop develop, but most regions are likely to remain dry for the next two weeks, the company said. Winter wheat for the 2021 harvest was sown on 23% of the planned area or on 4.2 million hectares.
Regarding this year's crop, Sovecon said that very small crops of corn and sunflower are expected in the southern regions of Russia. However, an estimate was not published.However, it is expected that sales of wheat and barley that have already been harvested could slow down because less storage space is required for corn and sunflowers.

Source
Hansa Terminhandel GmbH
Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich