Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Pre-pandemic, Egypt was RU's biggest importer. What are the odds, this year's Coalition of the Willing will be successful in persuading all EME's purchasing RU wheat to wait for mo' better justice delivery from Canada?

flow graphic: Russia, Ukraine and the global wheat supply, 2019

2021-2022 Marketing Year (MT)
PLATTS | Russia's MY 2021-22 wheat exports down 18% through Dec 2, prices dip from record high
"Turkey remained the largest buyer of Russian wheat during the year, buying 3.9 million mt as of Nov. 25, followed by Egypt at 2.8 million mt and Kazakhstan at 1.2 million mt."

US Wheat Associates | MY mid-year yields, illustrated
"USDA pegs 2021/22 world wheat production at a record 776 million metric tons (MMT), up 1.0 MMT from last year and 2% above the 5-year average of 757 MMT. Total global supplies are forecast to reach 1,064 MMT, 1% less than last year."

by Cat on Tue Mar 1st, 2022 at 11:44:11 PM EST
[ Parent ]

Others have rated this comment as follows:


Occasional Series