Bangladesh ignored Russian wheat in February

In February, wheat exports from Russia fell to 1.6 MMT that is down 25% from January and down 30% from February 2018/19. 24.8 MMT had been exported since the beginning of the season, or 16% less than a year earlier, UkrAgroConsult reports.

For a fourth month in a row, Egypt had been outpacing Turkey in monthly purchases of Russian wheat.

With each passing month, Egypt narrows the year-on-year gap in its purchases: now it equals 16% vs. 17% last month.

The following countries significantly reduced imports from a year earlier: Nigeria: -41%, Sudan: -14%, the EU: -61%, Vietnam: -51%.

Bangladesh, one of the three biggest importers of Russian wheat, bought no cargo in February.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 14-day free trial!!

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