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FREE ALONGSIDE SHIP
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We deliver the goods, placed alongside the vessel, cleared for export at the named port of loading, bearing all the relevant costs and risks of loss of and damage to the goods, until that moment of delivery, alongside the vessel.
PARIS. Iran needs to buy some two million tonnes of milling wheat in the next few months after having already imported three million so far this year, a member of the French grain exporters’ lobby said, as the country dodges sanctions to shop for wheat at a frantic pace.
April 19 (Bloomberg) -- Russian wheat exporters, who last sold grain to the world's biggest importer in January, cut prices in an effort to win more international tenders, the Institute for Agricultural Market Studies said.
Wheat now costs $265 a metric ton at the Black Sea port of Novorossiysk on a free-on-board basis, down from $280 in the middle of March, Oleg Sukhanov, head of market analysis at Ikar, as the Moscow-based institute is known, said by phone. Shippers aim to compete with U.S. and French crops, he said.
May 31 (Bloomberg) -- Russia's southern winter grain yields are expected to drop 20 to 25 percent from last year because of dryness earlier in May, said Anna Strashnaya, head of the agriculture forecasts department of Russia's weather service.
Yields in some areas of the eastern part of the Russian south may be 30 percent lower than last year, Strashnaya said by phone in Moscow today.
Wheat dropped 1.1 percent to $6.4675 a bushel on the Chicago Board of Trade by 6:42 p.m. Moscow time.
MOSCOW, May 28 (Reuters) - Rain in the Russian south lessened the pressure on wheat prices last week but new concerns have arisen over the crop in Siberia and the Urals, where precipitation has been scarce, analysts said on Monday.
"Rains in the South of Russia eased tension there last week, although dryness remains in a vast area of Voronezh, Volgograd, Saratov, Samara, Lipetsk, Tambov and Penza," The Institute for Agriculture Market Studies (IKAR) said in a note.
MOSCOW, March 19 (Reuters) - Russian export prices for benchmark wheat declined last week after Egypt bought U.S. and Canadian supplies in a tender, while competition from neighbouring Kazakhstan added to the downward pressure on prices, analysts said on Monday.
Russian wheat with 12.5 percent protein content weakened to $279 per tonne from $281 on a free-on-board basis (FOB) in the port of Novorossiisk, the Institute for Agricultural Market Studies (IKAR) said.
AKTAU, Kazakhstan, March 15 (Reuters) - Kazakhstan, a top-10 world wheat exporter, still hopes to export around 15 million tonnes of grain in the current marketing year and plans to build a new terminal on the Caspian to boost
Corn export premiums at the U.S.
Gulf Coast were mostly steady to firm on Friday, supported by
tight old-crop supplies and moderate demand, traders said.
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