# Russian wheat export prices stop rising as weather improves - Markets - Business Recorder

> Russian wheat export prices have stopped rising as weather improves in global and Russian growing regions and demand eases. The 12.5% protein wheat price was $232 per ton FOB, and Sovecon expects Russian October exports to reach a potential record of 5.0 million tons. Analysts said early 2025 crop estimates are in line with this year.

- Date: 2024-10-28 · published 2024-10-28T12:00:00.000Z
- Category: market · region Russia · magnitude low
- Page: https://feedsoft.ai/events/27911-russian-wheat-export-prices-stop-rising-as-weather-improves-markets-business
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stable Russian export prices and improved crop conditions reduce upward pressure on world wheat prices, though record exports still keep supply ample.

## Read by commodity

- WHEAT: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40329430

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.