Russia: SovEcon reduced forecast of Gerreideexporte

The Russian agricultural SovEcon consultancy has been reduced today 2016/17 due to the fixed ruble to the U.S. dollar from 39.1 million tons its forecast of grain exports to 38.7 million tonnes. The forecast of wheat exports was reduced due to the strong competition with exporters in the southern hemisphere to 500,000 tonnes to 28.5 million tonnes.

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