Russian wheat export prices surged last week amid difficult shipping conditions in the Black Sea and a new wave of attacks in the Strait of Hormuz, analysts said on Monday.Forecasts for July wheat shipments from Russia continued to fall, even as domestic wheat prices declined sharply across all regions this week, they added, noting that weak demand at the Azov Sea and Volga terminals was impacting domestic prices…
Russian wheat export prices rose last week in response to news of a large Iranian purchase and against a backdrop of limited supply, as bad weather at ports hampered shipments, analysts said.The price for Russian wheat with 12.5% protein content…
