The Agriculture Ministry of Russia has raised its forecast for 2018/19 wheat exports to 34-35 MMT. The total volume of grain exports is estimated at 38-39 MMT. The Ministry’s previous forecast for wheat exports equaled 33-34 MMT. As of November 7, grain exports from Russia were up 20% year-over-year. More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Grain" by UkrAgroConsult. If you need fast and reliable analytical tool, historical and current market data, daily updates on grain, oilseed and pulses markets, try out a new innovative tool for agri market participants – AgriSupp.com. We offer 2-week trial! Completely free! UkrAgroConsult
Russia has raised its wheat export forecast for 2018-2019 to 34-35 million metric tonnes (mt). The announcement, made by the country's Agriculture Ministry, means that the forecast has risen by 38 mt compared to previous estimates. Russia's total grain exports are up 20% YoY, with forecast annual exports of one million-39 million mt.