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Black Sea ports

Russian wheat export prices down with global benchmarks
Markets

Russian wheat export prices down with global benchmarks

  • Prices for new-crop Russian wheat with 12.5% protein loading from Black Sea ports and for supply in the second half of July were at $256 a tonne free on board (FOB) at the end of last week, down $4 from the previous week, IKAR said.
  • IKAR and Sovecon forecast Russia's 2021 wheat crop at 79.5 million tonnes and 80.9 million tonnes respectively.
Published 31 May, 2021 06:43pm
Russian wheat export prices rise with global benchmarks
Markets

Russian wheat export prices rise with global benchmarks

  • Sovecon, another consultancy, said wheat prices rose by $3 to $247 per tonne, while barley was steady at $233 a tonne.
  • Demand for Siberian wheat from Kazakhstan, which shares a free customs zone with Russia and is not subject to Moscow's recently-raised grain export taxes, is up significantly, Sovecon said.
Published 19 Apr, 2021 05:05pm
Russian wheat export prices down with global benchmarks
Markets

Russian wheat export prices down with global benchmarks

  • Moscow's wheat export tax and a grain export quota, launched on Monday as part of efforts to reduce food inflation amid the coronavirus pandemic, have already been priced in, they said.
  • Sovecon, another Moscow consultancy, said wheat prices fell by $4 to $281, while barley was unchanged at $248.
Published 15 Feb, 2021 06:15pm