Indicative export prices for Russian Wheat with protein 12,5% FOB May-June delivery rose $7,5 last week to $380-385 per Tonne, says 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 However, according to the expert, they are decreasing. Now the price is from Barley $355 per ton, Corn — $350 per ton.
The chairman of the Union of Grain Exporters, Eduard Körner, told the agricultural investor that the Wheat now costs $390 per 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 are around 450 Rubel decreased to 16,7 thousand rubles. per ton excluding VAT. Purchase prices for small water fell by 550 rubles. to 15,6 thousand rubles. without tax.
According to the «Rusagrotrans». According to analysts, trading was inactive between the holidays. In the south the prices are from EXW for 4th grade wheat decreased by 250 rubles. to 15,3-15,5 thousand rubles. per ton excluding 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”, wheat exports from Russia in April were, according to the data provided, above expectations — almost 2,3 million Tonnen (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 of the previous 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.