Russian SovEcon raised country’s wheat export forecast for 2022/23 MY by 0.3 mln tonnes to 43.4 mln tonnes.
The upward correction was made due to the growing import demand and increasing of harvest prospects, they said.
SovEcon said that Russia had exported 10.2 mln tonnes of wheat in July-September, down 22% y/y and down 14% compared to 5 year average.
The analysts noted that the shipments were limited by the strong ruble and export duty.
© 2001-2023 APK-Inform Information Agency
"APK-Inform" is an officially registered trademark. Any copying, full or partial reproduction of the site materials is possible only with indication of hyperlink to the source. The opinion of the authors may not coincide with the position of the editorial board.
Contact information: tel.: +380 562 320795. Legal support of copyright is provided by "Patentburo. Laboratory of legal problems of intellectual property", tel.: +380 56 7451215.
Website promotion: AdverMedia
