Russia’s Agriculture Ministry lowers this agricultural year’s grain exports forecast to 35 mln tonnes

09.11.2016

The Russian Agriculture Ministry has lowered the forecast for grain exports for the current agricultural by 5 mln tonnes - to 35 mln tonnes and wheat exports by 2 mln tonnes to 28 mln tonnes.

The Russian Agriculture Ministry has lowered the forecast for grain exports for the current agricultural by 5 mln tonnes - to 35 mln tonnes and wheat exports by 2 mln tonnes to 28 mln tonnes.

"The export geography of Russian grain and its products now covers more than 100 countries over the past 5 years, exports increased by an average of 30-40%. The forecast of the Russian Ministry of Agriculture for grain export in 2016 - 2017 agricultural year reaches up to 35 mln tonnes, including 28 mln tonnes of wheat," the Ministry said.

Earlier, the Ministry forecast that Russia would export 40 mln tonnes of grain this agricultural year, including 30 mln tonnes of wheat.


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