Russian wheat prices mixed as weather and currency impacts

13.12.2016

Domestic Russian wheat prices were weaker last week owed to stormy weather at the country's ports as well as a stronger rouble, though export prices remained steady.

Russian wheat export prices for12.5% protein December shipment were still held at USD182.5a tonne fob by local consultancy SovEcon, the same as the week prior. Meanwhile,domestic prices for third-class wheat, remained at RUB10,725 (USD175.5) a tonne.


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