Turkish demand for Russian wheat


Largest importer of Russian wheat in the current 2013/14 season is Turkey. However its expected imports will slow down soon. Russia wheat exports to Turkey buyers mostly via the Azov Sea ports. Export prices...

for Russian wheat with 12.5 percent protein content were $255 /tonne in the Azov Sea last week. In the Black Sea prices rose to $283 /tonne on FOB basis. Maize prices still the same level at $198 /tonne.Russia, officially expected to export about 20 million tonnes of grains this 2013/14 marketing year, has already sold 12.7 million tonnes of grains, including 10.1 million tonnes of wheat and 600,000 tonnes of maize, between the start of the season on July 1 and mid-November. Export prices for sunflower oil were flat at $900-910 a tonne on a FOB basis in the Black Sea.