date:Jul 29, 2014
12.5 percent protein content were down $2 to $242 per tonne at the end of last week, IKAR said.
The quote was on a free-on-board (FOB) basis in the Black Sea compared with a week earlier. FOB prices for the same protein levels in the Azov Sea were flat at $217 per tonne. Russia harvested 33.2 million tonnes of wheat from 36 percent of the area with an average yield of 3.66 tonnes per hectare as of July 25, the latest data from the Agriculture Ministry showed.
That was up from the 27.8 milli