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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.

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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.


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