Russian wheat exports in May hit a low
Just 457 KMT of wheat was exported from Russia in May. This is 43% lower from April and 20% lower from May 2019/20. This volume is the lowest May volume since MY 2012/13.
35.8 MMT had been exported since the beginning of the season, or 7% more than last season but down 8% from the 2017/18 record for this period, UkrAgroConsult reports.
The following countries stepped up wheat purchases from Russia vs. the same time last year: Egypt (+25%), Azerbaijan (+5%), Nigeria (+13%), the EU (+67%).
The following traditional buyers of last season reduced imports from a year ago: Turkey (-18%) and Bangladesh (-27%).
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
US soybean processing falls to lowest level in 8 months
Demand and export prices for wheat in Ukraine remain stable
Why Bulgaria Is Strengthening Its Position in the Black Sea Barley Market
Canada’s canola exports declined in April amid weaker demand from key markets
Turkish intervention measures cool the Romanian barley market
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon