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Black Sea Regional Analysis

Russian Grain Markets: 18-22 March 2019 Prices on the domestic market again declined in RUB expression but moved in different directions in USD expression. Meanwhile, the average milling wheat export price rose $4/MT to $228/MT FOB Black Sea, while purchase prices remained unchanged in RUB expression but grew in USD expression to $200-202/MT CPT-Black Sea port. Feed barley’s average export price fell to $208/MT FOB, and the average CPT-Black Sea port increased to $174/MT CPT-Black Sea port. GEOGRAPHICALLY 3rd grade soft milling wheat prices remained stable in Volga Valley and the South. However, they decreased in Ural (-$0.30-0.50/MT), Black Soil (-$0.70/MT), and Central and Siberia (-$0.60/MT). 4th grade soft milling wheat price...

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