News from Russia and Ukraine

Russia’s Ministry of Agriculture decreased its forecast on grain export from the country in the current Marketing Year. It is now expected that export will reach last year’s level of 33.9 mln tons. The previous forecast stated 37 mln tons.

28.016 mln tons of grain were exported from Russia between the start of the season and March 29, 2017 according to information from the Ministry of Agriculture of the country. The export consisted of 21.687 mln tons of wheat, 3.893 mln tons of corn, 2.238 mln tons of barley and 198,000 tons of other grains. Export was 0.2% weaker than the previous year. Last year’s export consisted of 28.083 mln tons of grain including +5.4% more wheat, +15.2% more corn, -42.3% less barley and other grains -18.6%.

Acoording to APK - Inform, between March 24 and March 30, 756,000 tons of grains were exported from Russian sea ports versus 561,600 tons a week earlier. The export consisted of 663,000 tons of wheat, 28,800 tons of corn and 64,200 tons of barley. Turkey with 90,700 tons of grain, Egypt with 88,000 tons and Yemen with 60,000 tons were the biggest buyers.

Acoording to APK - Inform, Between March 25 and March 31, 739,700 tons of grains were exported from Ukrainian sea ports versus 428,300 tons a week earlier. The export consisted of 190,800 tons of wheat, 495,300 tons of corn and 53,600 tons of barley. Egypt with 188,600 tons, the Netherlands with 85,000 tons and Spain with 78,700 tons were the biggest buyers.