Install

Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Wheat Imports Fall




MOSCOW -- Total Russian wheat imports fell to 336,900 metric tons in October, around 270,000 tons less than in the previous month, SovEcon Ltd, an independent research organization specializing in agricultural production and trade in the former Soviet Union, reported Wednesday.


This reflects the effective completion of wheat shipments under food aid agreements negotiated last year with the United States and the European Union.


But with the completion of the grain harvest in Kazakhstan, Kazakh grain exports to Russia have significantly increased. In October, Kazakh wheat deliveries tripled and reached their highest monthly level since June 1997.


Russia has also been increasing its wheat imports from Ukraine.


At this stage, Kazakhstan's grain output in 1999 is estimated at around 15 million tons by clean weight, in contrast to the 9 million tons expected by international observers in early September.