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until November as grain harvests in the United States and Europe affected this year.
And Russian grain seems to ease that concern
.
Russia exported more than 4 million mt of wheat by sea in October and November, accounting for nearly 40%
of global shipments, according to Refinitiv, a provider of financial market data.
Russian media said that global wheat prices have returned to the level of the beginning of
the year.
Since the Russian-Ukrainian conflict, Russian grain production has received more attention
.
Russia's Kommersant recently reported that in the months before the grain season, Russian grain exporters faced difficulties in chartering, cargo insurance and payment due to Western sanctions, so Russian grain exports performed poorly
.
.
Russia's Kommersant recently reported that in the months before the grain season, Russian grain exporters faced difficulties in chartering, cargo insurance and payment due to Western sanctions, so Russian grain exports performed poorly
.
Russia could export 4 million to 4.
2 million mt of wheat in December, which would rival the December 2017 record, said Sizov
, managing director of Moscow-based consultancy SovEcon.
The assessment of Russia's Agri-Commercial Export Analysis Center is more optimistic, predicting that in December, Russian wheat exports could reach a record high, reaching 4.
6 million to 4.
8 million tons
.
2 million mt of wheat in December, which would rival the December 2017 record, said Sizov
, managing director of Moscow-based consultancy SovEcon.
The assessment of Russia's Agri-Commercial Export Analysis Center is more optimistic, predicting that in December, Russian wheat exports could reach a record high, reaching 4.
6 million to 4.
8 million tons
.
Since the start of this season, Russia has sold more wheat to Pakistan, Saudi Arabia and Algeria than in any previous season
.
.
"Russian Daily" reported on the 7th that Russian Minister of Agriculture Patrushev said at a meeting of the State Duma Committee on Agricultural Issues that Russia's grain output this year will reach nearly 158 million tons
.
Now Russia is going to sell grain abroad
in the most favorable way.
Russia's grain exports to friendly countries increased by 1/4
this year.
Russian wheat exports are currently concentrated in Asia, Africa and the Middle East
.
.
Now Russia is going to sell grain abroad
in the most favorable way.
Russia's grain exports to friendly countries increased by 1/4
this year.
Russian wheat exports are currently concentrated in Asia, Africa and the Middle East
.
