Market commentary

Russian wheat prices hit a fresh high supported by strong ruble. What does high Russian inflation mean for the grain market?

Russian wheat prices hit a fresh high, the domestic inflation is becoming an important factor

Russian wheat export prices rise to nine-year high

The market was supported by limited supply, stronger ruble and perhaps new export tactic?

Column: State intervention threatens Russia’s position as a wheat superpower

Excessive export taxes will hit the farmers’ ability to invest in production and stifle output

Russian wheat prices push higher again supported by export tax

Last week, 12.5% wheat prices in deep-sea Russian ports rose $2 to $303/mt, the new seven years high. Russian wheat continues to lose its competitive edge but hardly predictable export tax doesn’t allow exporters to lower prices.

Russian wheat prices hit 7 years high

Prices for Russian wheat with 12.5% ​​protein at the end of last week have strengthened by $3 to $301/mt FOB deep-water ports. This is the highest price level since April 2014.

Russian wheat ruble prices lower, harvest pressure at last?

Last week, domestic wheat prices dropped in Russia by 1.5%, which was the fist decline after several weeks of rapid growth.

Russian wheat prices up substantially

Prices for Russian wheat rose steadily last week. Export quotes for wheat with protein 12.5% ​​strengthened by 2.5% to $245/t FOB

Russian wheat is cheaper on record-high on-farm stocks. Will this convert into aggressive exports in 21/22?

Russian wheat tumbled on higher supply from farmers amid approaching new crop and record-high on-farm stocks.

Why Russian wheat is not competitive today

Egyptian GASC is holding a new wheat tender today for 8-22 August shipment. It looks like Romania and perhaps Ukraine could be the winners today. Why Russian traders are cautious sellers?

Russia’s wheat prices higher, the market talks about low stocks

12.5% wheat prices in Russian deep-sea ports rose by $4 to $274/mt. The Black Sea follows the rest of the world where prices continue to rise reflecting the tightness of 2020/21 global grain S&D.