In 2015/16 MY, the exports of wheat and corn from the Russian Federation will break a record, declared the Director of consulting company ProZerno, Vladimir Petrychenko during the meeting-discussion “Harvest-2016: market of crop protection products and seeds in Russia” on April 26.
In particular, the export potential of wheat in the current MY totals 24.45 mln tonnes (in 2014/15 MY, the wheat exports reached 21.61 mln tonnes), and corn – 4.6 mln tonnes (3.01 mln tonnes).
According to V.Petrychenko, in the season-2015/16 Russia will reduce the supply of barley on foreign markets to 4.18 mln tonnes, against 5.28 mln tonnes in the previous year.
According to the forecast of ProZerno, in 2015/16 MY the general grain exports from Russia will total 34.51 mln tonnes, against 31.69 mln tonnes in the previous season. At the same time, grain ending stocks will reduce to 13.1 mln tonnes (14.33 mln tonnes in 2014/15 MY). Also, the expert noted that in the current season, flour exports will increase compared with the previous one. In July-March period of 2015/16 MY, the index reached 174 thsd tonnes, up 25 thsd tonnes compared with the previous MY. (apk-inform.com)
