Russian wheat export prices have risen recently due to sustained global demand. As of late September 2025, wheat with 12.5% protein for November FOB delivery is around $230 per metric ton, up $2 from the previous week.
Analysts expect exports to accelerate, though levels remain below last year’s figures.
Saudi Arabia purchased 455,000 tons of wheat for December-January shipment, mainly expected from Russia and other Black Sea countries.
Forecasts show Russia’s wheat harvest at 88 million tons, with exports for September and October projected between 4.5–5 million tons.
Despite slight delays in sowing due to weather, Russia’s total grain harvest is progressing, with expectations of 135 million tons for 2025.
Overall, Russian wheat export prices are likely to stay supported by strong demand and stable supply in the coming months.
