Russian wheat prices hit 5-month high.

 
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Export prices for Russian wheat last week hit their highest level in five months thanks to strong demand and growth in global benchmarks in Chicago, analysts said on Monday. Egypt's state grain buyer GASC bought 285,000 tonnes of Russian wheat, 60,000 tonnes of French wheat and 60,000 tonnes of Ukrainian wheat in its tender last week.

Black Sea prices for Russian wheat with 12.5percent protein content and for the nearest supply were up $8 to $207 per tonne on a free...

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