World Perspectives
feed-grains soy-oilseeds wheat

Southeast Europe Regional Analysis

Russia's wheat exports were slower than expected in July at only 1.3 MMT. There seems to be one main reason for this trend, which is forcing exporters to take excessive risks. Milling Wheat The Black Sea market remains under pressure as the harvest in Ukraine and Russia is progressing rapidly with yields reportedly exceeding expectations. Russia's crop is now estimated at approximately 59 MMT or about 4 MMT higher than a month ago. Its exports, however, are slower than expected at only 1.3 MMT in July. The main reason for this trend seems to be the lack of clarity regarding the new export tax regulation and its diverging interpretations by the different customs offices in Russian ports. This new tariff is equivalent to half of the differe...

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feed-grains soy-oilseeds wheat

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From WPI Consulting

Accountability and a comprehensive approach to export programming

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