In the south of Russia there has been a sharp drop in prices since last week Feed barley this year's harvest.
The pace of the harvest campaign remains high due to favorable weather conditions and average barley yields remain above last year, which served as a key factor driving price pressure. The further weakening of the US dollar on the Moscow Stock Exchange also contributed to the price decline. The information about the upcoming translation of export duties on Grains However, prompt farmers not to rush to deliver Barley at fixed prices in the hope that these changes can support prices in the domestic market.
If last week the prices for Barley of the new harvest in the Southern Federal District of Russia 230,60-253,90 €/Tonne so on June 29, processors and livestock breeders mainly reported the willingness to purchase this culture at prices in the 211-232 €/ton, in seaports purchase prices exporters usually make 229-239 €/ton.