10 December 2018, 08:36,
World
FAO Cereal Price Index in November decreased
The FAO Cereal Price Index averaged almost 164 points in November, some 1.7 points (1.1%) below October and 11 points (7.1%) down from November 2016 average.
"Large nearby export supplies weighed on wheat prices while intensified export competition put downward pressure on corn quotations," experts note.
Since the start of MY2018/19 (July-October), almost 4.9 million tons of main grain crops (wheat and corn) have been exported from Ukraine and Russia to the countries of Northern Africa.