APK-Inform increased the potential of grain exports from Russia

Source

APK-Inform

4378

The supply and demand balances of grains and leguminous crops in Russia did not face any significant changes in April 2013. As a result, analysts of APK-Inform estimated the domestic consumption in the current season at the level of 62.2 mln tonnes, the same index as in the previous month, of which the food and forage consumption would total 18.8 mln tonnes and 29.4 mln tonnes, respectively.

At the same time, the analysts increased the export potential of grains by 100 thsd tonnes - to 16.4 mln tonnes, due to the existing rates of wheat exports.

Taking into account the reporting changes in the supply and demand balances of grains in 2012/13 MY, the ending stocks decreased by 1% compared with the March estimations - to 8.9 mln tonnes.

You can become acquainted with more detailed information on the supply and demand balances of grains and pulses in Russia in 2012/13 MY from the reporting article in AGRIMARKET WEEKLY #19 dd. May 20, 2013.

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