POST Online Media Lite Edition


Russian wheat exports up 15.6% on year to May 18

Staff writer |
Russian wheat exports for the 2015-16 marketing year (from July 1) to May 18 were up 15.6% from the previous year at 23.29 million mt, data from the Ministry of Agriculture showed.

Article continues below

Wheat exports from Russia continue to outpace those of last year, as exporters appear to have shaken off the slow start to the marketing campaign which was caused by a wheat export duty and strong competition from other producers.

Russian exporters have now also shipped a total of 4.357 million mt of corn in the current marketing year, 15.6% more than at the same stage last year. Barley exports are at 4.176 million mt, 16.8% lower than at the same time last year.

Total grain exports for the marketing year are now 31.861 million mt, up 12.8% year-on-year.

What to read next

Russia to become world's largest wheat exporter in 2016
Russia to export meat, ice cream to Morocco
China: Russian wheat has considerable advantages