Indicative export prices for Russian Wheat with protein 12,5% FOB delivery in May-June last week increased by $7,5 to $380-385 per ton, according to the monitoring of the analytical center «Rusagrotrans». Trading activity remains low. The general director of the analytical company “ProZerno” Vladimir Petrichenko told Agroinvestor that the cost of flour wheat continues to rise and amounts to $385 per ton FOB Black Sea. The price for Barley and Corn according to the expert, on the other hand, are falling. Now the price of barley is $355 per ton, corn — $350 per ton.
The chairman of the Union of Grain Exporters, Eduard Körner, told the agricultural investor that wheat now costs $390 a ton.
According to Rusagrotrans prices for 4th class wheat in deep-sea ports continue to fall against the background of the strengthened ruble and falling demand. In a week they fell by 450 rubles to 16,7 thousand rubles. per ton without VAT. The purchase prices of small water decreased by 550 rubles. to 15,6 thousand rubles. without tax.
According to the «Rusagrotrans». According to analysts, trading was dormant between the holidays. In the south, EXW prices for 4th grade wheat fell by 250 rubles. to 15,3-15,5 thousand rubles. per ton without VAT. In the middle, prices remained at 16,1-16,3 thousand rubles per ton without VAT, in the Volga region 15,5-16 thousand rubles per ton, in Siberia 16-16,7 thousand rubles per ton.
According to the surveillance of “Rusagrotrans”, according to the provided data, wheat exports from Russia in April exceeded expectations — almost 2,3 million tons (April 2021 — 0,89 million tons). In May, the export volume can be 0,9-1 million tons, which is about twice as high as in May last year (0,44 million tons). The forecast for the entire season is 32,6 million tons, of which around 30,4 million tons have already been delivered.