Main page   About us  |  Our news  |   Our services  |  Contacts
Main page guide Feedback RSS       In Russian



   IKAR in Mass Media
   Market prices
   Graphically speaking
   Market studies



   About us
   Our news
   Our services

IKAR in Mass and Industry Media

Russian wheat export prices rise due unfavourable weather

Reuters, 04.06.18

MOSCOW, June 4 (Reuters) - Russian wheat export prices rose last week due to unfavourable weather conditions, analysts said on Monday.

Black Sea prices for Russian wheat with 12.5 percent protein content were at $205 a tonne on a free on board (FOB) basis at the end of last week, up $1 from a week earlier, Russian agricultural consultancy IKAR said in a note on the new harvest.

SovEcon, another Moscow-based consultancy, quoted FOB wheat prices up $3, also at $205 a tonne, for July delivery. Maize (corn) prices were at $195 a tonne, down $2.5.

State weather forecaster Hydrometcentre expected Russia's 2018 crop of winter wheat and rye to fall around 10 percent from last year due to dry weather.

The country produced a record crop of 135.4 million tonnes of spring and winter grains of all types in 2017. It will have large stocks left of that record crop once the new 2018/19 marketing year starts on July 1.

As of May 30, Russia had exported 49.015 million tonnes of grain since the start of the 2017/18 season on July 1, up 47.4 percent year-on-year, including 38.074 million tonnes of wheat, the agriculture ministry said.

Domestic prices for third-class wheat were 150 roubles up, at 9,400 roubles ($151.8) a tonne at the end of last week in the European part of Russia on an ex-works basis, according to SovEcon. Ex-works supply does not include delivery costs.

Sunflower seed prices rose by 450 roubles to 22,175 roubles a tonne, SovEcon said. Domestic sunflower oil prices and export oil prices were steady at 45,175 roubles and declined by $10 to$735 respectively.

IKAR's white sugar price index for southern Russia was at $548.21 a tonne, down from $558.54 a week earlier.

($1 = 61.9100 roubles)

All viewing: 169

Where The Margin Is
Annual Conference Agribusiness
media feedback

IKAR is a member of International research project Agri Benchmark from May 2010

Agri Benchmark

Putin Is Growing Organic Power One T-34 Tank-Tomato at a Time

Grain | Cereals | Sugar | Oilseeds | Feedstuffs & Ingredients | Meat | Dairy

IKAR. Institute for Agricultural Market Studies.

© 2002-2020  
IKAR. Institute for Agricultural Market Studies
24, Ryazansky str., off. 604, Moscow, Russia
Tel/Fax: +7 (495) 232-9007 | |  Feedback

Rambler's Top100 Рейтинг
Google translate: Google translate: Russian Google translate: German Google translate: French Google translate: Italian Google translate: Portuguese Google translate: Spanish Google translate: Turkish Google translate: Lithuanian Google translate: Chinese Google translate: Korea