Is there a jump in the price of wheat in the Black Sea region?

In brief: • Russian wheat prices have risen after four weeks of decline • Romania and Bulgaria report a positive change in the price trend September was a challenging month for European exchanges and markets, which failed to maintain a certain direction. At the end of the period, wheat prices in Paris for the December contract fell below 190 euros per ton, reminding us that just a month ago, the psychological threshold was around 195 euros per ton. But the situation is not the same for all parts of the continent. According to analysts, the prices of CVB wheat in Bulgaria and Romania have increased by 3-5 dollars in the last week to 235-237 dollars per ton, while French wheat has risen by 6 dollars to 232 dollars per ton. "The strengthening of physical market prices may indicate that the actual balance between supply and demand, especially in Europe and the Black Sea region, is tighter than futures prices suggest," experts are categorical. Meanwhile, according to SovEcon's ...