The price of Russian grain has stabilized between 11,000 and 12,500 rubles – Rossiyskaya Gazeta

Update Post: December 9, 2023 9:05 am

Date: November 20, 2023 Time: 11:02:24

It should be noted that since mid-August cereals have become cheaper and in the last three months their price has dropped by 21%.

Grain prices have stabilized over the past week, according to the study. The average cost of third class wheat increased by 50 rubles to 12.5 thousand rubles per ton, and fourth class wheat decreased by 50 rubles to 11.02 thousand rubles per ton.

Meanwhile, demand for Russian wheat is rising today amid the resumption of export sales.

However, analysts say no notable price rise is expected, particularly as overall grain supplies remain high.

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November 20, 2023 5:02 am