“Russian wheat prices, whose strength in dollar terms has been a big prop to world values, are poised for decline, Black Earth Farming said, as the group unveiled a return to a loss for what is set to be its last full year as an independent company.The farm operator in Russia's central, black earth region flagged a double whammy to the country's wheat values - from the "absence" of domestic buyers, which have already stockpiled 18% more of the grain than a year ago, besides the "current disappointing pace of exports".
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CIHEAM News