At the end of last week in Novorossiysk, the price per ton of wheat with 12.5 percent protein content rose from $186 to $188.
Such data results in ICARUS. In SovEcon reported that the fixed price of $187 per ton of wheat of that class with delivery in July. The Agency explained that the market is now affected by the slow pace of sowing in the USA and weather conditions that may adversely affect the new crop of wheat.
According to may 23, 2019, in the current agricultural year, Russia exported 40.5 million tons of grain, which is 15% less than in the previous season, including the 33.4 million tons of wheat (10% less than last year), 4.57 million tons of barley (less than 15 %) and 2.54 million tons of corn (50% less).
At the same time, the domestic market price for wheat of the third class declined by 25 roubles equal to the price of wheat of the fourth class is 11.9 thousand rubles.
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Translated by service "Yandex.Translation"
