News from Russia and Ukraine

According to the Ministry of Agriculture of Rusia, grain export in the new season may reach 38 million tonnes. Wheat harvest is completed on 8.5 million hectares at average yield of 4.38 mt/ha (3.97 mt/ha a year earlier).

During the period July 31 - August 6, 2017, from the Russian port of Novorossiysk 367,008 tonnes of grain were exported, which is 3% less than the previous week, but 31.5% more than the previous year.

According to APK Inform, the wheat supply in Russia will reach 88.2 million tonnes, which is 9% more than in 2016-2017. With a domestic consumption of 38-39 million tonnes, 33 million tonnes of wheat remain for export.

The Ministry of Agriculture of Ukraine anticipates that in 2017 - 2018 grain crop in the country will be 60.2 - 63 million tonnes.

According to data from Russia, from the beginning of the season until August 2, 2017, the country exported 2.645 million tonnes of grain at 2,192 million tonnes a year earlier (+ 20.7%). Wheat export reached 1.553 million tonnes, of barley 677,000 tonnes and of corn 400,000 tonnes. Export of wheat is lagging behind last year by 7.5%, of corn is by 1,600% more, and of barley by 45.6% more.