Russia: Experts have reduced forecasts for wheat export shipments in November due to bad weather in the south

Moscow. November 27. INTERFAX.RU - Grain market experts are reducing forecasts for wheat export shipments in November due to stormy weather in the south of the Russian Federation. New estimates do not exceed 4 million tons. “Two weeks ago it became clear that exports would be no more than 4 million tons. Our new estimate of wheat shipments is 3.8-4 million tons, although at the beginning of the month they predicted 4.3-4.5 million tons,” reported “ Interfax" General Director of the Institute for Agricultural Market Studies (IKAR) Dmitry Rylko. According to his estimates, due to bad weather, the Black Sea terminals will lose 12 days in November, with an average loss for this month of 8 days. “The situation with the port of Kavkaz is even more complicated. And the weather in Azov is also not very good,” he said. Assessing exports in December, Rylko said that “there are a lot of orders, but everything will naturally depend on the weather.” “If the weather were ideal, we could ship ...