# Grain exports from Russia down 1.8% – Customs Today Newspaper

> Russia exported 18.3 million tons of grain in the 2016/17 marketing year through December 14, down 1.8% from a year earlier. The Agriculture Ministry cut its full-year export forecast to 35 million tons, while the crop was estimated at 118 million tons versus 104.8 million a year earlier.

- Date: 2016-12-22 · published 2016-12-22T12:00:00.000Z
- Category: trade · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/73347-grain-exports-from-russia-down-1-8-customs-today-newspaper
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A record Russian crop is a large supply overhang for wheat, though the cut in export forecasts shows port and handling constraints are limiting how much reaches world markets.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-06-19 | [Russia 2017/18 wheat exports seen at record, Ukraine down 18% – Customs Today Newspaper](https://feedsoft.ai/events/70335-russia-2017-18-wheat-exports-seen-at-record-ukraine-down-18-customs-today.md) | -0.7% | -1.2% |
| WHEAT | 2022-09-13 | [UN: Food exports from Ukraine are up, Russia fertilizer down \| AP News](https://feedsoft.ai/events/14454-un-food-exports-from-ukraine-are-up-russia-fertilizer-down-ap-news.md) | +4.3% | -8.0% |
| WHEAT | 2017-02-20 | [Russia, EU to vie for top spot in key wheat markets in 2017/18 – Customs Today Newspaper](https://feedsoft.ai/events/72431-russia-eu-to-vie-for-top-spot-in-key-wheat-markets-in-2017-18-customs-today.md) | -0.7% | +0.2% |
| WHEAT | 2018-01-29 | [French wheat export target at risk as competition bites – Customs Today Newspaper](https://feedsoft.ai/events/66933-french-wheat-export-target-at-risk-as-competition-bites-customs-today-newspaper.md) | +0.2% | +2.1% |
| WHEAT | 2017-01-31 | [News from Russia](https://feedsoft.ai/events/72851-news-from-russia.md) | +3.8% | +2.5% |

## Sources

- customstoday.media: https://customstoday.media/grain-exports-from-russia-down-1-8/

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