Export prices of Russian wheat fell last week, following the dynamics of US futures, which have fallen to many months lows, as prices on the world export market speak of a downtrend, the portal agrovesti.net reports.
The price of a ton of Russian wheat with a 12.5 percent protein content for February delivery fell by $ 3 in a week to $ 240 free on board (FOB) in Novorossiysk, the IKAR agency reported. According to SovEcon, the price of a ton of this class of wheat fell in a week by $ 6 to $ 243.5 FOB, the price of a ton of barley - by $ 3 to $ 229. Refinitiv quotes show a reduction in the price of a ton of this class of wheat in Novorossiysk to $ 242 FOB on Friday from $ 247.5 a week earlier.
According to SovEcon, third-class wheat in the domestic market fell by 225 RUR ($ 3.4) to 12.275 RUR ($ 185.29) per ton, fourth one - by 50 RUR ($ 0.75) to 12.175 RUR ($ 183.78) per ton (price on the spot) for the European part of Russia.
