date:Jul 01, 2013
Wheat buyers in Asia are looking to replace Indian and Australian cargoes in the lower-end feed grain market with cheaper supplies from the Black Sea region but some importers such as Indonesia are also looking to substitute milling wheat.
They have booked some cargoes from Russia for blending with higher quality Australian and U.S. wheat, said one trader in Singapore who was aware of the deals.
But we are not sure how the millers will react to the quality as they are not used to taking Black