Russian Wheat Export Is Bound To Increase In March

Russian grain exports are expected to remain high in March after record supplies in January and February due to the weakening of the ruble.In February, grain exports are expected to reach a record level for the month of 2.2 million tons, including 1.5 million tons of wheat, 200,000 tons of barley and 450,000 tons of corn (maize), it said.As a result, Russia’s July-February grain exports may also reach the highest level for the period at 25.2 million tons, up from 24.75 million tons for the same period of 2014/15 as per Rueters update.