Russia able to retain its top position in world wheat exports

26.04.2017

Just a couple months are left till the end of the current season, but Russia still keeps the world market intrigued about the grain export plan fulfillment, UkrAgroConsult.

All the market participants, including the Ag Ministry, have already repeatedly reduced their forecasts for Russian 2016/17 grain exports, including those of wheat. However, March’s shipments appear to have kept up hopes for overachieving the export target, at least for exceeding last season’s volume, though part of the market have already questioned this fact as well.

Having analyzed the Russian wheat export structure and assessed the remaining potential needs of key buyers of Russian wheat, UkrAgroConsult considers that some room for deliveries is still available. 

Full version of the article is available to subscribers for weekly market report “Black Sea Grain & Oil” and “Online market review” by UkrAgroConsult.

 

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