Romanian grain prices supported by weather, currency and geopolitical factors
Romanian milling wheat (12%) gained about USD 2/mt over the week to USD 240/mt FOB Constanta. Last week USD prices were supported by the weaker Euro and higher crude oil prices.
Market worries renewed about fertilizer prices and possibility of lower 2026 wheat crop.
Some increase in wheat prices encourage farmers even more to boost the old crop wheat selling, allowing traders negotiate better prices. Growing sales of Romanian wheat to Algeria can confirm this trend. Additional demand is from Saudi Arabia.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea & Danube Grain Market” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
EU completes agreement on trade agreement with US
Soybean meal exports from Brazil exceed last year’s figures
Almost 200 mln tons of cargo were transported through the Ukrainian Black sea corr...
Brazil moves to reverse EU ban on meat exports
Another Russian ship carrying stolen Ukrainian wheat is heading to Turkey
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon