
Start to the new season of Black Sea wheat exports

UkrAgroConsult
Article author:
In the first two months of MY 2020/21, wheat exports from Black Sea countries totaled 12.6 MMT, or 5% less than a year earlier, UkrAgroConsult reports.
Exports dropped at the expense of Russia, the reasons for the export decline are as follows:
- a smaller crop harvested in South Russia;
- farmers holding back sales;
- competition from Ukraine (the common export markets include Egypt, Bangladesh, Turkey).
Meanwhile, exports from Ukraine rose (up 3% year-on-year) thanks to high foreign demand and brisker sales from farmers than last year.
Judging by data from ports, Black Sea countries noticeably increased exports in September-October, mainly thanks to the key player, i.e. Russia.
We expect Russia wheat exports to increase in MY 2020/21 mostly due to a good crop (the second largest since 2018).
Full version of the article 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 14-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
BLACK SEA OIL TRADE: Straight Talk on the 2024/25 Season and 2025/26 Projections
US winter wheat harvest accelerates
USAID to cease providing foreign aid on July 1 — programs transferred to State Dep...
Wheat prices in Ukraine continue to rise, although stock exchange quotes fell by 3...
US may lift tariffs on products it cannot supply itself with
Write to us
Our manager will contact you soon