The prices for Russian export wheat rose last week and are based on the rate increases in international exchanges. Dry and hot weather in the European part of Russia supports this development. Russia's wheat competes in the international market with wheat of French origin, which recorded the highest trading price in the previous week.
Black Sea-forward recorded $194 per tonne fob at the end of last week prices for neuerntigen Russian wheat with 12.5% protein. $5 per tonne that are more than a week earlier. Wheat of harvesting old cost $192-$195 / tonne (+ 2). The SovEcon consultancy believes more price increases.
Russia, 500,000 tonnes of grain, of which 200,000 tonnes were wheat exported one of the leading exporters of wheat for North Africa and the Middle East, in the first 20 days in may less than.
Local prices for wheat of class III from loading station with 9,250 roubles per ton ($186 / to) cost 75 rubles more than in the previous week.