Russia targeting Asia to regain its shares of the world market

Russia was the second largest wheat exporter in the world before halting sales last year. Now the Russian exporter are targeting Southeast Asia with their cheapest wheat to attempt to improve their world share in the market. Russian wheat is about US$40 (€28) per metric ton, according to the Moscow Based Institute for Agricultural Market Studies researcher, also known as IKAR. The cost for Russian wheat is cheaper than North American, French and Australian. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers