"However, in the near future, probably, the world wheat market will remain under pressure, which is associated with a marked increase in estimates of world reserves. Production forecasts were raised for the EU, India and Russia. A new assessment of the Ministry of agriculture of the USA the Russian harvest of 82 million tons (1 million tons). Forecast Minselhoza USA does not include Crimea (0,8-0,9 million tons). Forecast "Sovekon" from October 6 – 82,9 million tonnes.

The new report, USDA does not allow to expect a reversal of the downward trend of prices for black sea wheat. October quotations for Russian wheat with 12.5% (FOB) dropped by $2 to $193/t.

A month earlier we wrote about the fact that the world market for wheat will probably grow. 13 September-the end of the month, export prices for Russian wheat rose from $185 to $195/t", – stated in the message of "Sovekon".

Photo: stat.idk.ru