Russian wheat prices gained for the 5th consecutive week last week.
Indeed, according to IKAR, Russian wheat with 12.5% protein loading from Black Sea ports for supply in the first half of December was $334 a tonne free on board (FOB) at the end of last week, up $6 from the previous week.
According to SovEcon, wheat export price was up $5 to $337 a tonne.
Barley rose by $8 to $304 a tonne.
According to the IGC, as of November 18, 2021 FOB Novorossiysk prices for the Russian 4-class wheat (protein 12,5%) were at 347 USD/ton (+12 USD/ton within 1 week).
As for barley were at 305 USD/ton (+10 USD/ton within 1 week).
As for corn price was 276 USD/ton (+1 USD/ton within 1 week).
Meantime, domestic 3rd class wheat, European part of Russia, excludes delivery, was valued at 15,225 roubles/t +125 rbls ($207.25) (Sovecon).
According to the Russian regional agribusiness management bodies, as of November 17, 2021, the average Russian prices for the 3-class wheat were 15,105 rubles/ton (-0.1 % within a week).
For the 4-class wheat price was at 14 211 rubles/ton (+0,2 % within a week), for the 5-class wheat at 13,604 rubles/ton (+0.1 % within a week).
For feed barley price was at 13,075 rubles/ton (+0,8 % within a week), for food rye at 11,608 rubles/ton (+0.9 % within a week), for corn at 13,359 rubles/ton (+0,5 % within a week).
Price of sunflower seed were at 35,650 rbls/t -400 rbls (Sovecon).
Sunfloweroil domestic price was unchanged at 87,675 rbls/t (Sovecon).
Export price for sunflower oil was at $1,400/t +$25 (Sovecon).
Export price for sunflower oil was at $1,400/t +$30 (IKAR).
Soybeans were at 49,575 rbls/t -125 (Sovecon).
White sugar, Russia’s south, was at $633.6/t +$8.6 (IKAR).
($1 = 73.4604 roubles)
