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
Read also
Brazilian soybean and corn exports to be lower than expected in January – ANEC
Kazakhstan’s lentil exports approach historic high
Kernel switches bottled sunflower oil production to energy from husks
Gold prices fell 8% yesterday after hitting a record high of $5,505/ounce, but spe...
More than 1 thsd birds killed in the Odesa Bay due to edible oil spill after Russi...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon