Russian wheat export prices stable in quiet trade.

Russian wheat export prices broadly stable last week due to quiet trade, although Egypt, the world’s largest wheat importer, agreed a large purchase of Russian wheat. Egypt’s state grain buyer GASC bought a total of 240,000 tonnes of Russian wheat in an international tender on Nov. 16 for Jan. 1-10 shipment. Black Sea prices for Russian wheat with 12.5 percent protein content for December delivery were $191 a tonne free on board (FOB) at the end of last week, down $0.5 from a week earlier.