Russia claims that exports of agricultural merchandise are being held again by Western sanctions, however the U.S. Department of Agriculture has launched a report saying that Russia’s wheat exports are literally rising. I coated the present scenario in Russia’s “friendly country” equivalent to Iran.
According to a report compiled by the U.S. Department of Agriculture in May this yr, primarily based on knowledge from export vacation spot international locations, Russia’s wheat export quantity for the yr from final yr to this yr was It is predicted to extend by 36% to 45 million tons in comparison with 2018, and to report the very best quantity ever.
The prime export locations are Turkey, Egypt, Iran, Saudi Arabia, in addition to Middle Eastern and African international locations equivalent to Sudan and Algeria.
Wheat can be exported by land transport to member international locations of the Eurasian Economic Union led by Russia, and Kazakhstan accounts for a considerable amount of exports.
On the opposite hand, Russia’s Interfax news company reported final month that Russia’s Agriculture Minister Patrushev stated, “This yr’s agricultural export worth is about 15% to twenty% increased than the identical interval final yr.”
On the seventh of this month, the state-run TASS news company additionally reported that Agriculture Minister Patrushev stated, “We plan to export up to 55 million tons of grain in a year from this month to June next year.” Countries pleasant to Russia account for almost 90%.
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