Russian Ag Ministry mulling to restrict buckwheat exports
No specific mechanism or dates have been announced yet – the proposal is at the stage of discussion. In April 2020, Russia already suspended buckwheat exports that entailed a hike in buckwheat groats price in Ukraine, its main importer, UkrAgroConsult reports.
If such a step is made this year as well, it would probably bring about a scenario similar to last year’s one (shrinking domestic supply and growing prices). Buckwheat stocks as of April 1, 2021 were up 24% y-o-y, but down 34% from 2019.
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!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon