Wheat higher on weather, export restrictions
Last week, wheat in Chicago rose 5.1%, closing on Thursday at $8.15/bu ($299/mt). French wheat climbed to €290.25/mt ($329/mt; +4.2%). …
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Russian wheat export prices rise to nine-year high
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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