Wheat exports in February may increase

Based on the available lineups in deep-water ports, the forecast for wheat exports in February is about 3.3 million tons, which is significantly higher than in February 2025, when 2.07 million tons were shipped, and is at the average annual level over five years (3.27 million tons), reported the analytical center "RusAgroTrans." According to its updated data, the export volume reached 2.8 million tons in January. Demand prices for Russian wheat with 12.5% protein with delivery in February from January 26 to February 3 remained at $231/ton FOB, while offer prices reached $235/ton FOB—this is the highest level in five months (since the end of August 2025), analysts compared. The price of Ukrainian wheat with 11.5% protein increased by $1.5, to $227.5/ton, French and American wheat increased by $5, to $236/ton, Romanian wheat—by $2.5, also to $236/ton. The price of Argentine wheat remained at $217 FOB. Last week, the global wheat market strengthened, exchange quotations reached ...