28.
11.16
14:23

Russian wheat export prices have risen again

The Russian Getreideexortpreise rose last week for the tenth time as a result, because there is strong demand for grain with a high protein content at a high level. Black Sea wheat cost $184,00 with a protein content of 12.5% for delivery in December last week ton/FOB. This was an increase of $1.00 for the last week, so the Russian agricultural consultancy IKAR.
SovEcon, another Russian agricultural consulting company, called prices of $182,50 / wheat of ton of and $172 per tonne for maize (+ $1 for the previous week).
In the period 1 July to 23 November, Russia exported 15.8 million tons of grain. Of which 12.5 million tons of wheat. The pace of exports decreased by 0.8% compared to the prior year.
Russian domestic wheat prices declined slightly, because it comes due to unfavourable weather conditions to delays on several ports and rubles in the first half of the week was quoted slightly tighter to the dollar.
Class III - wheat fell in the past week in the European part of Russia to 50 rubles on 10.675 rubles or $164,60 per tonne (ex works).

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