The export market of Kazakhstan saw growth of milling wheat prices last week.
It was fueled by the following factors: reviving demand from key importers; consequent growth of Kazakh wheat exports by a third against 2015 early in the season; rising domestic prices for milling wheat in Kazakhstan against the background of volatility of the national currency; persistent increase in export prices for milling wheat in other Black Sea countries.
Average export prices for Kazakh wheat with 12.5% protein closed the week up by $3-6 at $177-185/MT FOB in Aktau port and $175-183/MT DAF Russia. (UkrAgroConsult/Business World Magazine)