The volume of exports increased, while harvest was 90% complete with the volume of harvested wheat, which amounted to 85.5 million tons, said the Ministry.

In the period from the beginning of the marketing year July 1 to Friday, October 6, the total volume of harvested grain to 8 million tonnes 120,0 million tonnes collected for the entire 2016-17 year.

A recent report by the USDA export forecast for 2017-18 year amounted to 32.5 million tons, which is 16.9% more than in 2016-17.

Russian exporters are also set to 837 thousand tons of corn in the current marketing year, which is 1.7 times more than in the same period last year. The exports of barley amounted to 1.9 million tons, which is 1.5 times more than last year.

The main importers of Russian grain are Turkey, Egypt, Bangladesh, Iran, South Africa and Saudi Arabia.

Photo: elevatorist.com