On-the-Ground Update

Russian grain exports remain high

Maize (Corn)
Market & Price Trends
Anastasia Shilyaeva
Published Dec 10, 2020
World buyers have a high interest in the Russian market. According to the Russian Grain Union, sales to Egypt increased by 40%, Turkey buys stable volumes, Pakistan has bought 1.6 MMT since the beginning of the 2020/21 season.
Also, purchases of Russian grain were seriously increased by Thailand - 400 times, Iran - 300 times, Philippines - 2.5 times.
Demand from Nigeria, Israel and Yemen rose by 25%, 37% and 36%, respectively.
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