Russian wheat exports were record high during six months

UkrAgroConsult

4.35 MMT was exported in February (up 41% from January and almost three times as much as in February 2019/20). This is an all-time record for this month, UkrAgroConsult reports.

Monthly wheat exports from Russia in September-February were record high.

Almost 33.25 MMT had been exported since the season beginning (+33% y-o-y) that is a record high for this period of time.

In February, the largest volume went to Egypt – 1.22 MMT (28%).

Most buyers stepped up imports of Russian wheat from the same time last year: Egypt (+46%), Turkey (+11%), Azerbaijan (+29%), the EU (+74%), Sudan (+23%), Nigeria (+20%), Yemen (+84%).

Among major importers, only Bangladesh cut purchases compared to last season (down 22%).

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

UkrAgroConsult

Tags: Russia, wheat exports