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Russia exported 73.3 million tonnes of agricultural commodities via seaports in 2023/24, averaging 6.1 million tonnes a month. Russia became the world's largest barley exporter for the first time, ahead of the EU and Australia.
Its main buyers are Turkey, Egypt, Iran and Saudi Arabia.
Russia's large wheat and barley export base sets competitive world prices, and its growing barley share adds pressure on barley markets.
ukragroconsult.comMaksym KharchenkoAug 9, 2024After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
