MOSCOW – February 22, 2021
Russian wheat export prices rose this week after declining for the past month, following a rise in wheat prices in Chicago, which set a benchmark for this market, analysts said on Saturday.
According the State Agency, Russian wheat with 12.5% protein loading from Black Sea ports for supply in March was at $283 a tonne free on board (FOB) at the end of the week, up $5.5 from the previous week.
According to Refinitiv, wheat prices rose by $2 to $284.5.
A private Moscow consultancy, reported barley was unchanged at $248.
Product: Price at the end Change from week of last week: earlier - Domestic 3rd 14,225 roubles/t -300 rbls class wheat, ($192,40) European part of Russia, excludes delivery (Sov. Ag.) - Sunflower seeds 43,200 rbls/t -2,075 rbls (Sov. Ag.) - Domestic 99,825 rbls/t +325 rbls sunflower oil (Sov. Ag.) - export $1,350/t +$61 sunflower oil (Rus. Ag.) - Soybeans 42,800 rbls/t unchanged (Sov. Ag.) - white sugar $582.1/t +$26,30 (Rus. Ag.) ($1 = 73.9500 roubles)