Russian Grain Markets: 1–5 December 2025 Russia’s grain markets remained largely bearish during the first week of December, although some regions showed bullish sentiment. Trends varied between the European and Asian parts of the country. In Siberia, wheat prices declined across all grades, supported by government subsidies for rail shipments. Kazakhstan continues to serve as a price barometer for Siberia, with DAP Saryagash for third-grade milling wheat at approximately $220.00/MT. Central Russia held steady, but farmers delayed sales, citing insufficient margins at current price levels. Southern Russia—the country’s wheat belt—accepted prevailing seaport prices, viewing the strong ruble as an opportunity to s...