IKAR in Mass Media

Russian wheat export little changed, analysts raise export estimates for October

MOSCOW, Oct 27 (Reuters) - Russian wheat export prices changed little last week, with analysts continuing to raise their forecasts for October shipments.

The price for Russian wheat with 12.5% protein content for free-on-board (FOB) delivery at the start of December was at $230.50 a metric ton at the end of last week, down $0.50 from the previous week, said Dmitry Rylko, head of the IKAR consultancy.

"It seems impossible to sell at a higher price now," Rylko said.

The Sovecon consultancy estimated the price for Russian wheat with 12.5% protein content at between $230 and $233 a ton FOB compared to $230 to 231 a ton the previous week.

Sovecon left unchanged its estimate of October wheat exports at 5.1 million tons.

IKAR estimates that wheat exports in October may reach 5.5 million tons, a week earlier the estimate was over 5.0 million tons.

Last week, the Russian Ministry of Agriculture reaffirmed its forecast for the 2025 grain harvest and 2025/26 season exports. Russia harvested 135 million tons in bunker weight, of which 93.5 million tons were wheat, the Ministry said on Thursday.

Omsk, one of Siberia's key grain-producing regions, declared a state of emergency due to the impact of early snowfall on crops.

Other Russian data provided by Sovecon and IKAR:

Product:
Most recent data:
Change from a week earlier

- Domestic 3rd class wheat, European part of Russia, excludes delivery (Sovecon)
14,250 rbls/t
+125 rbls/t

- Sunflower seeds (Sovecon)
35,950 rbls/t
-100 rbls/t

- Domestic sunflower oil (Sovecon)
95,500 rbls/t
+400 rbls/t

- Domestic soybeans (Sovecon)
32,800 rbls/t
-800 rbls/t

- Export sunflower oil (IKAR)
$1,255/t
+$22

- White sugar, Russia's south (IKAR)
$617.69/t
-$1.94

27 октября 2025 года

Source: Reuters | #grain | Comments: 0 Views: 71

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