Tag
Wheat
Russian wheat FOB prices stabilize after a sharp sell-off
At the beginning of April, Russian wheat prices stabilize after a sharp sell-off in March. As of April 8, prices for 12.5% protein wheat (FOB deep sea ports) stood at $226/t.
Top 3 destinations for Russian wheat in February 2019
In February Russia exported 2.2 mmt of wheat compared to 2.4 mmt in January and 3.3 mmt a year ago. Amid lower export volumes Russia rely more on traditional buyers.