Wheat Price in Siberia Dropped 1.9% Last Week, Grain Union Says
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Third-grade milling wheat fell 150 rubles, or 1.9 percent, to an average 7,617 rubles ($260) a metric ton in West Siberia last week, leading Russian grains prices lower, according to Russia’s Grain Union.
Prices of the milling wheat were 8,663 rubles a ton in the southern Urals, 7,738 rubles in the so-called black-earth central Russia, 6,750 rubles in northern Caucasus and 8,057 tons in the Volga area, the union said in an e-mailed report today.