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Russian Wheat Export Prices Down With Global Benchmarks | Hellenic Shipping News Worldwide

Russian Wheat Export Prices Down With Global Benchmarks
Russian export prices for the summer’s new wheat crop fell last week after a decline in global benchmarks in Chicago and Paris, the IKAR agriculture consultancy said in a note on Monday. Prices for new-crop Russian wheat with 12.5% protein loading from Black Sea ports and for supply in the second half of July were at $256 a tonne free on board (FOB) at the end of last week, down $4 from the previous week, IKAR said. Sovecon, another consultancy, said that barley fell by $3 to $245 a tonne.
IKAR and Sovecon forecast Russia’s 2021 wheat crop at 79.5 million tonnes and 80.9 million tonnes respectively. Russia, one of the world’s largest wheat exporters, started setting the size of its formula-based grain export taxes last week. The wheat export tax is set at $28.10 per tonne for June 2-8, significantly lower than the current tax. Sovecon expects this to support Russia’s wheat exports in June. Russia’s spring wh ....

Black Sea , Oceans General , France General , United States , David Goodman , Olga Popova Writing , Polina Devitt Editing , கருப்பு கடல் , பெருங்கடல்கள் ஜநரல் , பிரான்ஸ் ஜநரல் , ஒன்றுபட்டது மாநிலங்களில் , டேவிட் நல்ல மனிதன் , ஓல்கா பாபூவ எழுதுதல் , பொழினா டேவிட்ட திருத்துதல் ,

Russian wheat export prices down with global benchmarks

MOSCOW, May 31 (Reuters) - Russian export prices for the summer's new wheat crop fell last week after a decline in global benchmarks in Chicago and Paris, the IKAR agriculture consultancy said in a note on Monday. Prices for new-crop Russian wheat with 12.5% protein loading from Black Sea ports and for supply in the second half of July were at $256 a tonne free on board (FOB) ....

Black Sea , Oceans General , France General , United States , David Goodman , Olga Popova Writing , Polina Devitt Editing , For Restrictions , கருப்பு கடல் , பெருங்கடல்கள் ஜநரல் , பிரான்ஸ் ஜநரல் , ஒன்றுபட்டது மாநிலங்களில் , டேவிட் நல்ல மனிதன் , ஓல்கா பாபூவ எழுதுதல் , பொழினா டேவிட்ட திருத்துதல் , க்கு கட்டுப்பாடுகள் ,