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Russian wheat prices to hit new highs next year
date:Dec 27, 2012
Russian wheat prices, finishing this year with a more than 75 percent gain, are expected to hit new highs next year thanks to tight supply and worsening prospects for the 2013 winter crops. Farmers are not in a hurry to sell their grain. The main factor is expectation of higher prices during the new year, SovEcon agricultural analysts said in a note on Monday.

Deteriorating weather conditions for winter crops are also not helping as it may increase demand for seeds needed for crops resowing du

12/24 11:32