Russia will benefit from fixed Ukrainian wheat prices

Since now six weeks prices for Russian export wheat; they are accompanied by also increasing prices in the Ukraine, representing the largest competition in the Black Sea region. Exports from the Ukraine go to India in November on a large scale.
Russian export wheat with 12.5% protein for delivery in November cost Friday 178 USD per tonne fob. Three USD were more than in the week before.
India is received eight to ten wheat shipments from the Ukraine in November, which were sold in the last few weeks. The prices for Russian wheat from the Azov Sea affiliated decreased by a USD/tonne.
Russia has since October 26, 12.5 million tons of grain exported July 1; of them were 10.1 million tons of wheat. The exports are 6% below those in the same period of the previous year.
Local prices for wheat of class III rose last week in the European part of Russia to 50 rubles per tonne to 10.375 rubles or $ 164 USD/tonne from the farm.

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