Russia. Wheat export forecast raised to 35 MMT

14.11.2018

The Agriculture Ministry of Russia has raised its forecast for 2018/19 wheat exports to 34-35 MMT. The total volume of grain exports is estimated at 38-39 MMT.

The Ministry’s previous forecast for wheat exports equaled 33-34 MMT.

As of November 7, grain exports from Russia were up 20% year-over-year.

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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