Russia: Barley exports at record pace in July-August 2017
Russia exported barley at a record pace in July-August 2017 despite a delay in this year’s harvest. Owing to high carryover stocks, Russia exported roughly 1.39 mln tonnes of barley in the first two months of the 2017/18 season, or 73% more than at the same time last year. The previous peak in barley exports during the period under review was registered in MY 2015/16 (1.2 mln tonnes), reports UkrAgroConsult.
Traditionally, the main end market for Russian barley early in MY 2017/18 was Saudi Arabia with an export share of 41%.
Iran also actively imported barley from Russia. Russia exported 327 thousand tonnes of barley to Iran in the reporting period, or four times more than during the same period last year. Moreover, Russia resumed deliveries to Turkey and Kuwait, it is reported.
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