# Tops in Wheat, Russia Moves Up as a Feed Grain Exporter

> USDA forecasts Russian grain exports to reach a record of nearly 45 million tonnes in the current marketing year, with wheat at a record 35 million tonnes. Russia has also become the fifth-largest feed grain exporter, mostly barley, ahead of the US in that ranking.

- Date: 2018-02-26 · published 2018-02-26T12:00:00.000Z
- Category: trade · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/66356-tops-in-wheat-russia-moves-up-as-a-feed-grain-exporter
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record Russian shipments at low prices increase competition for US wheat and feed grain sales in import markets, which weighs on export prices for those commodities. Barley and corn are also pressured by the added supply.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-08-10 | [India re-emerges as rice and wheat exporter  \| World Grain](https://feedsoft.ai/events/45526-india-re-emerges-as-rice-and-wheat-exporter-world-grain.md) | +3.4% | +5.1% |
| WHEAT | 2019-05-20 | [Russia and Ukraine Vie for Title of Top Grain Exporter - The Moscow Times](https://feedsoft.ai/events/58947-russia-and-ukraine-vie-for-title-of-top-grain-exporter-the-moscow-times.md) | +10.5% | +9.7% |
| WHEAT | 2018-10-18 | [Ukraine reduces the rate of grain exports, as Russia is stepping up](https://feedsoft.ai/events/62390-ukraine-reduces-the-rate-of-grain-exports-as-russia-is-stepping-up.md) | +0.3% | -3.9% |
| WHEAT | 2017-09-15 | [Ukraine and Russia in August exported 2.8 million tons of wheat to Asia — Latifundist.com](https://feedsoft.ai/events/68817-ukraine-and-russia-in-august-exported-2-8-million-tons-of-wheat-to-asia.md) | +0.7% | +3.6% |
| WHEAT | 2020-08-26 | [Russia to export record high grains volume in September](https://feedsoft.ai/events/51461-russia-to-export-record-high-grains-volume-in-september.md) | -1.7% | +7.4% |
| CORN | 2019-05-20 | [Russia and Ukraine Vie for Title of Top Grain Exporter - The Moscow Times](https://feedsoft.ai/events/58947-russia-and-ukraine-vie-for-title-of-top-grain-exporter-the-moscow-times.md) | +3.2% | +10.8% |
| CORN | 2018-10-18 | [Ukraine reduces the rate of grain exports, as Russia is stepping up](https://feedsoft.ai/events/62390-ukraine-reduces-the-rate-of-grain-exports-as-russia-is-stepping-up.md) | -2.2% | -6.8% |
| CORN | 2019-07-02 | [bne IntelliNews - Ukraine takes “world’s large grain exporter” title from Russia](https://feedsoft.ai/events/57942-bne-intellinews-ukraine-takes-world-s-large-grain-exporter-title-from-russia.md) | +2.8% | +1.7% |

## Sources

- agriculture.com: https://www.agriculture.com/news/crops/tops-in-wheat-russia-moves-up-as-a-feed-grain-exporter

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.