date:Jun 03, 2014
nd of last week, down from $263 per tonne the week before on a free-on-board (FOB) basis in the Black Sea, the Institute for Agricultural Market Studies (IKAR) said. SovEcon, another leading Russian agriculture consultancy, pegged FOB prices for new crop wheat at between $262 and $265 per tonne in the Black Sea, down from $267-$269 the previous week. Russia is expected to export 25 million tonnes of grain during the 2014/15 marketing year, which starts on July 1, flat year-on-year, according to