In Russia prices for wheat with 12.5 percent protein content were flat at US$ 279 /tonne on FOB Black Sea basis last week compared with a week earlier. Maize (corn) prices continued to rise in Russia's Southern regions.

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...

Wheat export prices in Russia last week raised further more. Most of the farmers held on to the commodity in anticipation of further price growth.