Russian wheat export prices have fallen slightly recently, based on an improved outlook for the upcoming harvest. That could help to boost the normal surge in wheat loadings, which usually takes place in July. Russian loadings are 11,191 Mt/d so far this month, which is up from 6,575 Mt/d in May. Last year, loadings surged in July to 79,367 Mt/d from just 8,540 Mt/d in June.

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