Russia. 2018/19 barley exports down 13%

17.12.2018

According to preliminary information of market participants, Russian exporters shipped abroad 2.2 MMT of barley during the four months in MY 2018/19 (July-October), or 12.7% less than in the same period last year, report UkrAgroConsult. October barley exports totaled 500.9 KMT (excluding the Customs Union). This is up 4.9% from the previous month but 12.9% less than in October 2017/18.

Compared with a year ago, July-October 2018/19 witnessed a substantial decline in Russian barley supplies to markets such as Saudi Arabia (-8%), Iran (-32%), and Turkey (-54%).

At the same time, strengthening demand for Russian barley is seen from the European Union, which imported as much as 91.8 KMT in the reporting period against 30.7 KMT in July-October 2017/18. Shipments to Jordan were boosted as well: the country purchased 279.7 KMT of barley during these months, or 82% more than in July-October 2017/18 (153.3 KMT).

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 weekly market report "Black Sea Grain" by UkrAgroConsult.

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UkrAgroConsult

 

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