Russian Wheat Prices Climb for Second Week on French Crop Woes
- Ukrainian prices also climbed, according to UkrAgroConsult
- French ministry lowered output forecast as rains damaged crops
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Russian wheat-export prices climbed for a second week, extending gains from the lowest in at least six years as the outlook for French and German crops worsened.
Wheat for loading at Black Sea ports rose 1.2 percent from a week earlier to $166 a metric ton as of Friday, Dmitry Rylko, director general of Moscow-based Institute for Agricultural Market Studies, or Ikar, said by phone.