• Wheat FOB price are up supported by stronger domestic market
• AgMin considers a new way to restrict grain exports
• Sunflower prices continue to rise fast, December exports are expected to exceed 100 TMT
• Weather remains good for winter wheat but cold weather arrives soon
Russia is developing a new system to restrict grain exports, Agriculture Minister Dmitry Patrushev told Kommersant newspaper
I am the Managing Director of SovEcon, a leading firm focused on the Black Sea agricultural markets research. For 27 years we have been forecasting crops and exports, assesing stocks and consumption and looking at other key price drivers. Every day we talk to farmers, traders and officials gathering market intelligence and sorting out the market noise.