Russian wheat prices to hit new highs next year
date:Dec 27, 2012
was pegged at 6,300 roubles per tonne.

As for export prices, demand for relatively expensive Russian wheat remained weak last week, making potential export difficulties caused by tough weather conditions less important.

Activity of exporters remains very weak - there are no buyers of wheat in deep-water ports, SovEcon said. Russia resumed oil and grain exports from the Black Sea port of Novorossiisk, also known as Novorossiysk, on December 21 after three days of windy weather.

As to Russian
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