Russian exporters increased corn shipments to China
According to preliminary information, Russia exported 2.7 MMT of corn in MY 2018/19 that is 52.4% less than in MY 2017/18 and the least in seven years, reports UkrAgroConsult.
The number of importing countries dropped to 32 (46 in MY 2017/18).
Growth in exports was registered to the following key markets: China (+116%), Iran (+48%), Japan (+29%).
Exports to the majority of key markets decreased: South Korea (-98%), Turkey (-87%), EU (-54%), Georgia (-24%); Belarus (-32%).
Major 2017/18 importers such as Vietnam and Syria imported no Russian corn in MY 2018/19.
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.com by UkrAgroConsult. We offer 2-week trial! Completely free!
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