Barley exports from Russia recovered in May
Almost 551 KMT of Russian barley was exported in May. This is 48% more from April and four times as much as in May 2019/20. 6.2 MMT had been exported since the beginning of the season (+43% y-o-y).
The highest volumes in May went to the traditional destinations: Saudi Arabia (257 KMT) and Iran (153 KMT), UkrAgroConsult reports.
Most importers increased purchases compared to last season: Saudi Arabia (+57% y-o-y), Libya (+41%), Jordan (+98%), Tunisia (up sixfold), Israel (threefold).
A drop in demand was registered from the following countries: Iran (-20% y-o-y) and Turkey (-6%).
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
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