Prices have reaped a harvest. The cost of grain in the Russian market has started to rise.

After a cycle of declines, domestic prices for major types of grain in Russia increased by 0.4–1.9% over the week. This is due to the limited supply of high-quality, high-protein wheat, growing demand from foreign buyers, and logistical constraints, experts explain. Ruble prices in the grain market began to rise after a cycle of declines, for the first time since the end of last year, according to SovEcon data. The average cost of third-class wheat increased by 0.4% (50 rubles), to 13.4 thousand rubles per ton for the week of January 26 – February 1. Fourth-class production rose by 0.8% (100 rubles), to 13.1 thousand rubles per ton, and fifth-class by 0.9% (100 rubles), to 11.6 thousand rubles per ton. The cost of barley increased by 1.9% (225 rubles) over the week, to 12 thousand rubles per ton, and corn by 1.6% (200 rubles), to 12.6 thousand rubles. Dmitry Rylko, the CEO of the Institute for Agricultural Market Studies, says that wheat prices remain predominantly stable, but a slight increase is noticeable in some areas.