Russian/Kazakh prices for high-protein wheat reached the highest level since November 2015

19.02.2018

Export prices for Russian wheat, which serve as a benchmark for Kazakh wheat as well, continued rising last week. Depending on the class, milling wheat in Novorossiysk port closed the week on average up another $1-2/MT at $198‑200/MT FOB for 12.5%-protein wheat, $190‑193/MT FOB for 11.5%-protein wheat and $186‑189/MT FOB...