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Russian wheat exports up 28.2% on year at 16.9 mil mt: ministry

London (Platts)--4 Dec 2017 840 am EST/1340 GMT


Russian wheat exports in the 2017-18 marketing year -- which began July 1 -- to November 29, were up 28.2% year on year at 16.93 million mt, ministry of agriculture data showed Monday.

Export volumes have been picking up as harvesting was 97.5% completed, with 88 million mt of wheat harvested by December 1, the ministry said.

Between the start of the marketing year on July 1 and December 1, the total grains harvest reached 139.3 million mt, u 15 million mt year on year.

Russian exporters have also shipped 1.74 million mt of corn in the current marketing year, down 4.4% after a late start to the harvesting campaign and unfavorable weather conditions. Barley exports were at 3 million mt, 80.7% higher.

The main importers of Russian grains in November were Turkey with 786,000 mt, Egypt with 377,000 mt, Saudi Arabia with 293,000 mt, Sudan with 288,000 mt and Bangladesh with 265,000 mt.

--Sofia Likhacheva, sofia.likhacheva@spglobal.com

--Edited by Dan Lalor, daniel.lalor@spglobal.com




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