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FAO: Russia may give US second place in the ranking of export of wheat
This forecast was voiced in the Food and agricultural organization (FAO) and the Organization for economic cooperation and development (OECD)
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Exports of wheat from Russia in the last marketing year amounted to 24.8 million tons. Growth in export shipments to Russia contributed to the good harvest and the weakening of the ruble.

The US has exported 21.7 million tons of wheat, lost the position in the external market due to the strong position of the dollar.

In the new agricultural year Russia will decrease the export of wheat by 2.7% to 24.18 million tons, the US, by contrast, increased external sales by 14.5% to 24.94 million tons. In 2025, according to experts, the export of wheat from Russia will total of 27.65 million tons, compared with 27.86 million tonnes of exports from the United States.

According to the operative data of the Federal customs service, which led the Ministry of agriculture of the Russian Federation, last agricultural year Russia exported 33.9 million tons of grain, including 24.6 million tons of wheat. This agricultural year, according to the agriculture Ministry, grain exports may amount to 33-34 million tons. The grain harvest forecast for 2016 - 110 million tons compared to 104.8 million tons a year earlier.



Translated by service "Yandex.Translation"
Источники: milknews.ru
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