Russian wheat exports were record high during six months
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
Read also
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Russia’s lurking grain industry crisis
China extends Canadian canola probe until March 2026
US agricultural sales to increase by $8 bln following agreement with Japan
China’s soybean stocks hit record high amid trade war with US
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon