AIRLINK 61.60 Decreased By ▼ -0.88 (-1.41%)
BOP 5.33 Decreased By ▼ -0.03 (-0.56%)
CNERGY 4.48 Decreased By ▼ -0.10 (-2.18%)
DFML 15.35 Decreased By ▼ -0.15 (-0.97%)
DGKC 65.15 Decreased By ▼ -1.25 (-1.88%)
FCCL 17.21 Decreased By ▼ -0.38 (-2.16%)
FFBL 27.49 Decreased By ▼ -0.21 (-0.76%)
FFL 9.30 Increased By ▲ 0.03 (0.32%)
GGL 10.01 Decreased By ▼ -0.05 (-0.5%)
HBL 105.00 Decreased By ▼ -0.70 (-0.66%)
HUBC 121.27 Decreased By ▼ -1.03 (-0.84%)
HUMNL 6.50 Decreased By ▼ -0.10 (-1.52%)
KEL 4.40 Decreased By ▼ -0.10 (-2.22%)
KOSM 4.35 Decreased By ▼ -0.13 (-2.9%)
MLCF 35.31 Decreased By ▼ -0.89 (-2.46%)
OGDC 122.45 Decreased By ▼ -0.47 (-0.38%)
PAEL 22.70 Decreased By ▼ -0.30 (-1.3%)
PIAA 30.94 Increased By ▲ 1.60 (5.45%)
PIBTL 5.80 No Change ▼ 0.00 (0%)
PPL 107.19 Decreased By ▼ -0.31 (-0.29%)
PRL 27.22 Decreased By ▼ -0.03 (-0.11%)
PTC 17.55 Decreased By ▼ -0.52 (-2.88%)
SEARL 52.69 Decreased By ▼ -0.31 (-0.58%)
SNGP 62.70 Decreased By ▼ -0.51 (-0.81%)
SSGC 10.51 Decreased By ▼ -0.29 (-2.69%)
TELE 9.04 Decreased By ▼ -0.16 (-1.74%)
TPLP 11.50 Increased By ▲ 0.06 (0.52%)
TRG 70.20 Decreased By ▼ -0.66 (-0.93%)
UNITY 23.50 Decreased By ▼ -0.12 (-0.51%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,909 Decreased By -34.6 (-0.5%)
BR30 22,636 Decreased By -190.7 (-0.84%)
KSE100 66,915 Decreased By -227.3 (-0.34%)
KSE30 22,023 Decreased By -67.4 (-0.31%)

MOSCOW: Russian wheat exports will fall in July after a slow start to the harvest but will rise in later months when there will not be export quotas, IKAR and SovEcon agriculture consultancies said.

The world's largest wheat exporter, which competes with the European Union, Ukraine and others to supply Africa and the Middle East, began harvesting wheat late this year. Yields have been lower so far but are expected to climb. Russia's July wheat exports were expected to be 2 million tonnes, about 1 million tonnes lower than the same month a year ago, IKAR's Dmitry Rylko said.

Russian wheat exports might benefit from July to December due to a lower EU and Ukraine crop, SovEcon's Andrey Sizov said. The arrival of the Australian crop, expected to be large, and possible Russian Agriculture Ministry quotas from January could make Russian wheat less competitive in the first half of 2021, he said.

Russia's grain exports will not be subjected to quotas from July to December, the Agriculture Ministry has said, but it could impose limits from January to June after reviewing the amount of wheat left for domestic consumption in the autumn.

Comments

Comments are closed.