Getreide Cockpit, 09.08.2019

Export prices for wheat in Russia have come under pressure in the past week. This was mainly due to the high results of wheat harvest in the EU, another competitor in the export market, and the weak domestic currency. At the end of the previous week, 12.5 RP bread wheat lost around 1.80 to 175.50 EUR / t fob. At the same time, exports continued briskly, with the current estimate for wheat,...

Expert Opinion: 

In many parts of central Europe, grain harvesting is now almost complete. In Russia as well, almost half of wheat and one quarter of barley were cleared at the beginning of August. With the new harvest, the supply from the Black Sea region is increasing and building up competition with other...