Prices

In ports, food wheat fell in price to $202–209/t, feed wheat to $188–199/t CPT-port.

In the first days of July, the average price of Urals in Russia’s western ports was $41.66 per barrel — significantly below the budgeted $59.

Despite the drop in physical volume from 46.7 to 41.1 million tons, in monetary terms, exports, including processed products, have hardly changed.

Speculative growth on US exchanges has faded after June rains improved the condition of crops in the US.

Two tankers carrying nearly 2 million barrels of oil passed through the Strait of Hormuz on Monday, weighing on prices as the gradual resumption of transits weighs.

The minimum price for rapeseed on CPT increased by $42/t to $360/t, on FOB and CIF – by $26/t to $488/t.

Export corn on CPT Odesa terms fell to $228/t, while wheat prices remained unchanged.

According to the results of the last week of May, the physical grain market reacted to external pressure more restrainedly than the stock exchange.

The market is supported by steady demand from importers against the backdrop of limited supply from farmers and the general situation in the world grain market.

Quotations were supported by active demand from domestic consumers, limited supply and growth in export prices at ports.