Russian wheat prices hit new high despite government sales
date:Nov 01, 2012
adding support to rising global and domestic prices. Russia's average domestic EXW (ex-silo) prices for third-grade wheat rose 75 roubles to 9,900 roubles ($320) per tonne last week, which was a new record level in rouble terms. Prices for fourth-grade milling wheat were up 25 roubles at 9,825 per tonnes, SovEcon said.

Prices for fifth-grade milling wheat increased 50 roubles to 9,450 roubles per tonne last week, it added. The strongest growth continued in Russia's Central region, where price
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