Does this mean russia is losing market share??? Trying to figure out the drop in exports? Are they awaiting higher export prices? Who knows.
Guess its the nature of grain markets always more bearish than bullish news.
Russian agriculture consultancy, SovEcon has drastically cut forecasts for Russian wheat exports in the 2019/20 season. Russia is expecting its second-largest crop but If predictions are correct, however Russian wheat exports could fall 6.2MMT to 31.4MMT, a 15% drop from last season
Guess its the nature of grain markets always more bearish than bullish news.
Russian agriculture consultancy, SovEcon has drastically cut forecasts for Russian wheat exports in the 2019/20 season. Russia is expecting its second-largest crop but If predictions are correct, however Russian wheat exports could fall 6.2MMT to 31.4MMT, a 15% drop from last season