Tuesday, 16 September 2014
The French equivalent of the Russian 4th class wheat falls in the price
Quality French grain this year is very low.
The French wheat market continues to be under a load of problems associated with poor quality of grain this season. The Ministry of agriculture reduces the predictions of the export season. The traditional markets of North African countries in search of grain looking in the direction of rival countries.
Against this background, the export of French wheat prices are falling rapidly. One day Monday the French equivalent of the Russian 4th class wheat FCW2 FOB Rouen fell by another $5,49 to 203,55 $/ton, while the French export wheat on other bases lost per day only 0,33-1,64 $/ton.
Translated by the service Yandeks.perevod"
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