Russia has replaced the EU and US as the leading global wheat exporter over the last three seasons, lifting its share of world exports from 14% to 19%. The Vice-President of the Russian Grain Union reviews the 2018/19 season and competition with the EU and Ukraine.
He also discusses expected export directions for the new season.
Russia's entrenched position as the top exporter and its competition with Ukraine and the EU shape global wheat export prices and trade flows.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.
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.