Russia can move Ukraine to the second place in the world on volumes of export of grain

During the 2017/2018 marketing year, a world leader in the export of grain should remain in the USA. But the second position has the chance to take Russia, pushing to third place the Ukraine.

It is reported by the analytical center “Sovekon” according to the analysis of the January forecast of the International grains Council (IGC), reports “Interfax”.

Glad increased its estimate of Russian grain export (without bean and grain products) at 1.7 million tonnes, up from 43.9 million tons. Forecast for Ukraine was reduced by 1.5 million tons to 41 million tons.

US exports will amount to 80.3 million tons of grain, including 47.7 million tonnes of maize.

We will remind, in January, the Ministry of agriculture has raised its forecast for Russian wheat exports in 2017/2018 marketing year by 1.5 million tonnes to 35 million tonnes. This is done on the background of a decline of 1.5 million tons export Outlook for the EU (27 million tonnes) and Australia (17.5 million tonnes). The forecast of wheat exports from the United States has not changed – 26 million tons.

Meanwhile, Ukraine has increased exports by almost $ 7 billion.

  • Russia
  • USA
  • Ukraine
  • grain
  • export

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