Prices for wheat from Russia began to rise actively

Moscow. November 27. INTERFAX.RU - Export prices for wheat from the Russian Federation began to actively grow under the influence of increasing demand from importers and a decrease in supplies due to bad weather, the analytical center of Rusagrotrans JSC told Interfax. Thus, wheat (protein 12.5%) with delivery in December rose by $5 in a week, to $235 per ton (FOB), with delivery in January - up to $241. However, as experts note, Russian wheat still remains the cheapest on the market. Thus, the price of French wheat is $248, German wheat - $252 per ton. As the center reported, last week four tenders were held for the purchase of wheat from countries such as Algeria, Tunisia, Jordan (milling wheat) and South Korea (feed wheat). Tunisia purchased 100 thousand tons of wheat for delivery from December 20 to January 20 at $278.95-279.69 per ton (C&F), which is $10 higher than at the tender at the end of October. The price level at Jordanian and South Korean tenders remained the same. ...