Russian wheat prices resumed growth
Russia saw wheat export prices rise to their highest level since August 2025, with 12.5% protein wheat reaching $242/ton FOB. April wheat exports surged 65% year-on-year, while May shipments are also expected to remain above last year’s levels despite softer seasonal demand.
The price of Russian wheat with 12.5% protein for May delivery increased to $242 per ton FOB (+$3 over the week), the highest level since August 2025, pole.rf reported, citing data from the Rusagrotrans analytical center.
It was also reported that in Russia’s deep-water ports, the price of 4th class wheat with 12.5% protein delivered by road remained at RUB 16,200-16,500 per ton, while rail delivery prices also remained unchanged at RUB 16,200-16,400 per ton.
On shallow water, quotations remained unchanged at RUB 15,100-15,300 per ton.
Analysts also reported that, according to preliminary data, Russian wheat exports in April amounted to almost 3.95 mln tons, which is 1.65 times higher than a year earlier (2.39 mln tons).
Grain exports in May are forecast at around 2.5 mln tons – 19% higher than in May 2025 (2.1 mln tons), despite seasonal weakening in importer demand and a shift in purchases toward the new crop.
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Source : APK Inform
