Russia. Grain stocks are still record high


According to the Russian State Statistics Committee, grain inventories at farming, procurement and processing entities totaled 38.32 MMT as of March 1, 2018, or 18.5% more than on the same date last year, reports UkrAgroConsult.

Procurement and processing entities held 25.2% more wheat than a year ago: 13.60 MMT, including 9.65 MMT of milling wheat (up 27% year-on-year).

Barley stocks increased 11.1% to 1.71 MMT. Corn inventories were down 10.6% year-on-year at 1.29 MMT as of early March.



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