CVB wheat sets Platts MWM for first time as Black Sea pricing dynamics shift

The Platts Milling Wheat Marker was set by the CVB 12.5% FOB wheat assessment for the first time this week since its launch last June, reaching $240/mt for July loading, as European wheat shipped from Constanta-Varna-Burgas emerged as the most competitive origin in the Black Sea market. Launched in June 2025, the Milling Wheat Marker captures the price of wheat from the Black Sea, the world’sThe Platts Milling Wheat Marker was set by the CVB 12.5% FOB wheat assessment for the first time this week since its launch last June, reaching $240/mt for July loading, as European wheat shipped from Constanta-Varna-Burgas emerged as the most competitive origin in the Black Sea market. Launched in June 2025, the Milling Wheat Marker captures the price of wheat from the Black Sea, the world’sRead More