Russia May Export 23.5MMT Wheat in 2016

This crop year, Russia is poised to become the world’s largest ­exporter. US wheat exports are forecast to slump to a 44-year low, to 21.8 million tonnes, according to the USDA, while Canada is projected to export 20.5 million tonnes, from 24.1 million the year before. Russian exports are projected to rise 3 per cent, to 23.5 million tonnes, according to the USDA