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11.16
16:20

Wheat export in Russia prices for 7 weeks

For seven weeks the wheat export prices in Russia analog to very high demand for Ukrainian wheat and increase restrained offer from agriculture.
Black Sea export prices from Russia for wheat with 12.5% protein for delivery in November were on Friday 179 USD per tonne fob. This is 1 USD/tonne more than in the previous week.
Russia exported 13.1 million metric tons of grain from the last harvest since July 1 to November 2 so far. Of which were 10.6 million tons of wheat. This is 1.3% less than on the same date a year ago.
The rates for wheat of class III on the local market fell last week in the European part of Russia to 50 rubles per tonne on 10.425 rubles per tonne or $ 162 USD/tonne from the farm.

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