Russia. Export prices increased by USD 1 last week

27.01.2017

The past week saw mixed trends. Export prices for wheat increased on average USD 1 to USD 182-185/MT FOB on global quotations. At the same time, domestic prices kept sinking, gradually nearing an adequate level to maintain exports, reports UkrAgroConsult.

Domestic grain sales hiked because winter crop condition is one of the best in recent years. This makes growers think of crop prospects and marketing of high grain stocks. Nevertheless, a gap still remains for further decrease in domestic prices.

 milling wheat fob

More information on price behavior on grain market in the countries of Black Sea region is available to subscribers for weekly market report "Black Sea Grain and Oil" and "Online market review" by UkrAgroConsult.

 

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