|
|
|
→ IKAR in Mass Media → #3173 IKAR in Mass MediaRussian wheat export prices stabilise after 13 weeks of growth19 октября 2021 года MOSCOW, Oct 18 (Reuters) - Russian wheat export prices were stable last week after 13 weeks of consecutive growth, the IKAR agriculture consultancy said in a note on Monday. Russian wheat with 12.5% protein loading from Black Sea ports for supply in early November was $310 a tonne free on board (FOB) at the end of last week, unchanged from the previous week, said Dmitry Rylko, head of IKAR. Sovecon, another consultancy, pegged wheat as having risen $1 to $313 a tonne while barley was up $2 at $271 a tonne. Export prices for Russian wheat are still being supported by farmers' reluctance to sell at the moment and also by a stronger rouble, which makes Russian export-focused products less competitive on global markets, Sovecon said. Russia is the world's largest wheat exporter. Russian wheat exports are down by 26% since the start of the 2021/22 marketing season on July 1, partly because of the state export tax, which will continue to rise this week. Farmers had sown winter grains on 15.3 million hectares for next year's crop, down from 16.6 million hectares at the same date a year ago, according to the agriculture ministry. There is no publicly available data just for winter wheat. Russia's total winter wheat sowing area could fall this autumn by 0.8-1.2 million hectares from a year ago, Sovecon said. It previously expected the fall to be 0.7-1.2 million hectares. Other Russian data provided by Sovecon and IKAR: Product: Price at the end Change from week of last week: earlier - Domestic 3rd class 15,150 roubles/t +125 rbls wheat, European part ($212.6) of Russia, excludes delivery (Sovecon) - Sunflower seeds 37,800 rbls/t +350 rbls (Sovecon) - Domestic sunflower 85,325 rbls/t unchanged oil (Sovecon) - export sunflower $1,350/t -$25 oil (Sovecon) - export sunflower $1,360/t +$5 oil (IKAR) - soybeans (Sovecon) 50,800 rbls/t unchanged - white sugar, $626.9/t +$3 Russia's south (IKAR) ($1 = 71.2475 roubles) Source: Reuters | #grain | Comments: 0 Views: 4
|
© 2002—2024 IKAR. Institute for Agricultural Market Studies 24, Ryazansky str., off. 604, Moscow, Russia Tel: +7 (495) 232-9007 www@ikar.ru |
||