Prices for Russian wheat have fallen to a minimum: why Ukrainian wheat is rising.

According to inkorr.com: Prices for Russian wheat with a protein content of 12.5% have dropped to 13,700 rubles per ton in the European part of Russia. This is the lowest figure since August 2024. The main reason for the decline in prices has been the high yield in remote regions of the country, which, in turn, has affected the rise in the price of Ukrainian wheat in Hungary.

The situation in the wheat market in Russia

In the Volga and Central Federal Districts of Russia, wheat prices have reached minimum levels due to the high supply of the new harvest. Demand for grain in these regions remains low, and problems with delivery to ports only complicate the situation. In the southern part of the country, prices are generally high due to active exports, but the overall trend indicates a further decrease in prices throughout Russia, especially in remote areas.

Ukrainian wheat on the rise

While prices for Russian wheat are decreasing, export prices for Ukrainian wheat are rising, making it significantly more expensive compared to competitors. This development indicates changes in market dynamics and opens new opportunities for Ukrainian producers.

Thus, the wheat market in Russia is influenced by high yields and low demand, contributing to falling prices. At the same time, the rise in prices for Ukrainian wheat indicates its competitiveness in foreign markets, especially in the context of the growing interest in high-quality grain.