WillAgri
The Russian Ministry of Agriculture plans to limit wheat exports to 20 million tonnes in 2020. The Russian authorities fear that current availability is not enough to cover domestic requirements. Russian cereal exports increased dramatically in the second half of 2019. According to information from the Russian transport company Rusagrotrans, Turkey imported 5.4 million tonnes of cereal from Russia between July and December 2019, a 67% increase compared to the same months in the previous year. These imports are mainly made up of wheat, up 70% to 4.9 million tonnes. Whilst Egypt reduced its imports, Bangladesh, the third biggest importer of Russian wheat, increased its imports by 58% to 1.8 million tonnes. In fourth place, Iran increased its Russian cereal imports by 17% to 1.5 million tonnes.
(Socopag)