April’s Russian wheat exports to Turkey were lowest since February 2015

31.05.2017

According to official data, Russia continued exporting wheat at a record pace in April 2017, when it supplied 1.96 MMT to foreign markets.  This is 24% more than exported in April 2016 (1.58 MMT).

This season’s wheat exports from Russia have totaled 23.77 MMT that is up 6% year-on-year, UkrAgroConsult notes.

Expectedly, Egypt remained the top importer of Russian wheat in April. Russia supplied 700 KMT of wheat to this market that month (36% of April’s total exports).

Shipments to Turkey shrank noticeably in April: their monthly total dropped to a season-low of 58 KMT. This is the smallest delivery since February 2015 (54 KMT).

Nevertheless, Russian exporters continued to actively supply wheat to African and Asian markets. This includes exports to Yemen, which are already 55% higher than for the whole last season (1114 KMT against 717 KMT in MY 2015/16). Deliveries to Sudan are already up 35% from last season’s total (881 KMT against 655 KMT). Exports to Nigeria also outpace last year’s. Nigeria and Yemen are last on the list of this season’s top five importers of Russian wheat.

 

UkrAgroConsult

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