Dmitry Rylko, head of Ikar Consulting, said: Russian wheat Containing 12.5 percent protein, and based on delivery on board in November, it reached $230 per ton at the end of last week, an increase of seven dollars.
He added, “Everyone expects the supply from Russia to decline significantly in the remainder of the season,” pointing to the high pace of exports in the first three months of the season.
Soficon Consulting Company reported that the prices of Russian wheat, which has the same protein content, ranged between $231 and $233 per ton, up from $222 and $224 the previous week.
And you appreciate it Grain exports The weekly rate was about 1.11 million tons, up from 0.97 million tons a week ago, including 1.05 million tons of wheat, up from 0.87 million tons.
The Union of Grain Exporters of Russia said that the Ministry of Agriculture Russian It last week told exporters to engage in direct deals with buyers without third parties. Sources told Reuters that the ministry recommended a new minimum price for wheat in tenders of $250 per ton.
