25.
10.16
17:29

Russia: grain exports could reach record levels

Russia's grain exports could reach in the period July to November estimates of Russian agricultural SovEcon consultancy record levels. Thriving on renewed sales to Egypt, the world's largest wheat importer were instrumental in the outcome.
Exports could reach in November versus 3.7 million tons in October a volume of 4.0 million tons. Russia is trying to tap new customers and destinations in the current marketing year 2016/17 (1 July to 30 June) to achieve the planned grain exports by 5-6 million tonnes. Last year, the weak rouble has supported exports. Thus you do not count on this year currently.
An increase in the Gereideexporte this year have been achieved in trade with Bangladesh and Morocco. More discussions are Thailand, Indonesia, Saudi Arabia, Iraq and Venezuela, so SovEcon.
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