India and Egypt continue supporting Russian milling wheat market.

The Russian milling wheat market featured mixed price trends this past week. Export prices for Russian milling wheat with 12.5% protein flattened out within the previous week’s range of $193‑196/MT FOB Novorossiysk port for October-November delivery. At the same time, prices for 11.5%-protein wheat continue strengthening: they closed the week up another $2-3/MT at $187‑190/MT FOB Novorossiysk port and $147‑150/MT FOB in small ports for October-November delivery. A rise is reported in demand for Russian milling wheat from India. Over 160 KMT of wheat was supplied from Russia to India in September and early October. Egypt keeps supporting the market of Russian milling wheat.