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Russia restricts exports, wheat price rises

18-12-2020 | | |
Russia restricts exports, wheat price rises
Photo: Shutterstock
The grain market seems to be recovering, after a set price drop. The focus is on wheat as Russia is about to impose export tariffs on that crop, knowing that the 2021 harvest will be disappointing. Wheat prices on the futures markets in both Paris and Chicago clearly rebounded last week. On Friday, the March contracts reached their highest level since the end of November. The upward trend started on both futures markets in the second half of the week. The price increase for corn was more limi


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Kwakman
Jack Kwakman Freelance journalist