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Russian wheat export prices fell for a second week as new crop supplies arrived, with 12.5% protein wheat at $205 a tonne FOB Black Sea. Sovecon also priced wheat at $205 and barley rose $2 to $183.
Analysts flagged weather damage to Urals and Siberian spring wheat.
Harvest pressure is pushing Black Sea wheat lower, although concerns over spring crop damage in Russia limit the decline. Lower FOB wheat prices ease feed-grain replacement costs.
brecorder.comReutersAug 10, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
