GRAIN TRANSIT. CIS PRICES LOWER $ 80 PER TON

Wheat prices of Russian exporters. In terms of export operations, the average actual prices for wheat and meslin in March 2021 continued to grow.

The average actual price per 1 ton for wheat and meslin increased by 1.1% in March, reaching USD 259.5 against USD 256.8 in February. In the March 2021/2020 pair, exporters achieved a 19.4% increase in grain prices.

The grain cost to recipients of Russian wheat abroad from distant countries was almost 1.5 times more expensive than to the CIS member states. The first had to be purchased at $ 267.5 per ton, the price increased by $ 2. Post-Soviet countries were able to afford the March purchase for $ 186.5 per ton against 226.1 in February.

Exporters have reduced prices for the CIS countries by $ 40. The March delta was $ 80. @agrorisk

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