date:Jun 05, 2014
July 1.
Prices for new crop wheat - harvesting of which is expected to begin in Russia during the last ten days of June - are already slipping in the region with further losses expected, according to traders.
Russian futures prices for the new wheat crop with 12.5 percent protein content are currently quoted at $252 per tonne on a free-on-board (FOB) basis in the Black Sea, according to a Moscow-based trader, who asked not to be named.
Ukrainian new crop wheat is priced at $255 per tonne on