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The price of Russian grain has settled at 11-12.5 thousand rubles

Updated Nov 20, 2023
It is noted that grain has become cheaper since mid-August and over the past three months its price has dropped by 21%.

Grain prices have stabilized over the past week, the study says. The average cost of third-class wheat increased by 50 rubles - to 12.5 thousand rubles per ton, and the fourth class - decreased by 50 rubles - to 11.02 thousand rubles per ton.

Meanwhile, demand for Russian wheat is increasing today amid the resumption of export sales.

However, analysts say that a noticeable increase in prices is not expected, including due to the remaining high overall supply of grain.
It is noted that grain has become cheaper since mid-August and over the past three months its price has dropped by 21%. Grain prices have stabilized over the past week, the study says. The average cost of third-class wheat increased by 50 rubles - to 12.5 thousand rubles per ton, and the fourth class - decreased by 50 rubles - to 11.02 thousand rubles per ton. Meanwhile, demand for Russian wheat is increasing today amid the resumption ...
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