Russian wheat export prices rose last week.
According to IKAR, indeed, Russian wheat with 12.5% protein loading from Black Sea ports for supply in August was $248 a tonne free on board (FOB) at the end of last week, up $7 from the previous week.
According to Sovecon, meantime, Russian wheat recorded a $6 rise to $245 per tonne of wheat.
Barley, on its part, was up $2 at $214, meantime.
Also Russian domestic wheat prices rose sharply past week, indeed, domestic 3rd class wheat European part of Russia, excludes delivery was at 12,675 roubles/t +275 rbls , ($171.35) (Sovecon).
On the other hand, sunflower seeds was at 37,825 rbls/t -175 rbls (Sovecon);
Domestic sunfloweroil was unchanged at 91,650 rbls/t (Sovecon);
Export sunflower oil was at $1,220/t +$15 (Sovecon);
Export sunflower oil was at $1,225/t +$15 (IKAR);
Soybeans was unchanged at 47,800 rbls/t (Sovecon);
White sugar, Russia’s south was at $551/t +$2.6 (IKAR).
($1 = 73.9700 roubles).
Meantime Russia’s southern region of Krasnodar, one of the largest wheat producing and exporting areas of the country, has harvested a record grain crop of 12.4 million tonnes.
Crop includes 10.5 million tonnes of winterwheat.
Neighbouring Stavropol region is expected to complete this year’s harvesting in early August, and has already harvested 7.4 million tonnes of grain from 87% of its area.
The third southern major wheat producing region – Rostov – has already harvested more than 7 million tonnes of wheat from 60% of the area.
