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Rusagrotrans lowered the forecast of Russian grain exports
In February and March, grain exports from Russia will be lower than the same periods last year, said the Deputy Director of Department of strategic marketing of CJSC "Rusagrotrans" Igor Pavensky
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According to experts, grain exports in February drop to 1.8-2 million tons against 2.3-2.4 million tonnes in the previous forecast, writes "Interfax. Wheat exports in February, according to the Pavensky, will drop to 1.4-1.5 million tonnes against 1.85 million tonnes in February 2016, barley – up to 80-100 thousand tons compared to 233 thousand tons, corn – 350-400 thousand tons compared to 642 thousand tons. This adjustment is due to weather conditions, which hampered the shipment of grain at the ports.

In March, expects the expert of the JSC "Rusagrotrans", the external supply of grain from Russia will not exceed 2.5-2.6 million tonnes, against 2,9-3 million tonnes previously announced. Low activity contracts sharply, he explained to strengthen the ruble and stability of internal prices in the South of the country.

"The lack of a significant export volumes in February-March of this year and a gradual decline in demand from importing countries in the coming months in anticipation of the new crop may mean that the overall export for the agricultural year will be approximately 35 million tons against a previous estimate of 36.1 million tonnes, including about 27 million tons of wheat, compared with 28 million tons of the previous forecast", — said I. Pavensky.

However, he recalled that in the last marketing year exports amounted to 34 million tons, including 24.6 million tons of wheat.

Photo: my.mail.ru



Translated by service "Yandex.Translation"
Источники: Agro2b
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