Russia projected to retain crown as world’s top wheat exporter for third year in a row

Feb 25, 2020 at 08:24 AM CST
In the 2017-2018 agricultural year, Russia exported a record 40.449 million tons of wheat to the global market; in 2018-2019 it delivered 35.2 million tons. This year's export crop may amount to 36 million tons, the Ministry of Agriculture says. Industry experts project deliveries in the range of 32-42 million tons. “I think Russia will retain its leadership in wheat exports,” said Igor Pavensky, director of the strategic marketing department at Rusagrotrans. He explained that, “despite the decline in prices, the volume of deliveries from Russia at the moment is the largest.”

Feb 25, 2020 at 08:24 AM CST

In the 2017-2018 agricultural year, Russia exported a record 40.449 million tons of wheat to the global market; in 2018-2019 it delivered 35.2 million tons. This year's export crop may amount to 36 million tons, the Ministry of Agriculture says. Industry experts project deliveries in the range of 32-42 million tons. “I think Russia will retain its leadership in wheat exports,” said Igor Pavensky, director of the strategic marketing department at Rusagrotrans. He explained that, “despite the decline in prices, the volume of deliveries from Russia at the moment is the largest.”