Grain export is gaining momentum and the backlog from last year is almost overcome. The demand for grain intensified after the Christmas holidays and the grain began to buy more. However, it should be noted that the demand for export-oriented wheat grade 4 increased at all, at the same time demand has grown for fodder was in the lead last week and raised enough to begin to support domestic prices. The sharp fall of the ruble led to the accumulation of grain at the sellers and the desire of a few to hold the grain.
According to Federal customs service of Russia (as of 15 January 2016) in the current crop 2015/16 MG 055 exported 21 thousand tons of grain, including wheat – 15 749,0 kt (-7,9% compared to the same period last year), barley – 3 289,7 thousand tons (+0,5% compared to the same period last year), maize – 1 823,1 thousand tons (+61,1% compared to the same period last year). The pace of grain exports continue to be lower than last year, the backlog for the current week declined to -3,4%.
According to the FCS of Russia from January 1 to January 15 2016 exported of 241.7 thousand tons of grain (851,0 against kt for the same period last year), including wheat – to 142.1 thousand tons (against 737,7 thousand tons for the same period last year), barley – 55,0 thousand tons (compared to 11.2 thousand tonnes) and corn – 41.2 thousand tonnes (against 81,0 thousand tons).
In turn, the structure of exports from 1 to 15 January 2016 is different from the export of the same period of 2015. Wheat in the export structure of grain crops is to 58.8% (compared to 86.7% in the same period of 2015), barley is the second largest, accounting for 22.7 per cent (against 1.3% in 2015). Corn exports amounted to 17.0% vs. 9.5% last year.
The structure of grain exports early January revealing lower shipments to Turkey. So, if during the first 2 weeks last year in Turkey was taken about 171,4 thousand tons, this year only 22,7 thousand tons, which is slightly modern. Shipment to Egypt also 91,3 thousand tons less than the same date last year.
Sunflower oil exports for the period from January 1 to January 15 2016 amounted 0,566 thousand tonnes (vs. a 39.7 thousand tonnes for the same period last year). Soybean oil exports amounted to 22.2 thousand tons (against 44.8 thousand tons following the results for the same period last year). Export of rapeseed oil from 1-15 January 2016 amounted to 6.1 thousand tonnes, 5.6 thousand tons less than the same period last year.
The export of oils for the period from the beginning of the season (from 1 September 2015 to 15 January 2016) amounted to $ 544.1 tonnes which is 17.3% less in comparison with the same period last season. Export of sunflower oil amounted to $ 274.3 thousand tons, which is 38.4 thousand tons less than for the same period in 2014/15. Soybean oil exports for 2015/16 MG amounted to 161,6 thousand tons, which is 6.1 thousand tons less than the exports in 2014/15 my, and exports of rapeseed oil amounted to 108.2 thousand tons in 2015/16 against MG and 177.8 tonnes in 2014/15 my.
