Russian Grain Markets: 4 – 8 August 2025 The speed of the harvesting campaign was the key price driver. Improved harvesting pace in the Centre and Black Soil regions made most of the grain prices plummet except for the best milling quality wheat. This is understandable as excessive rains have been and will continue degrading unharvested wheat. Farmers on the other hand are not in a hurry to sell milling wheat as rumour has it that the share of good milling wheat this year is not very optimistic. As a result, third grade milling wheat remained stable and bullish while fourth and fifth grade wheat continued heading their bearish route. In the Volga Valley, harvesting is not late, and the traditional seasonal bear is now becoming smaller...