29.09.2016

Russia to compete with Ukraine on the market of feed wheat – Russian Grain Union

In 2016/17 MY, Russia started exporting feed wheat for the first time, and began to compete with Ukraine in the reporting market segment, declared the President of the Russian Grain Union, Arkady Zlochevsky on September 28.

According to him, Russia has never exported feed wheat in previous years. At the same time, the grain supplies are not large at all – since July 1, Russia exported less than 1 mln tonnes of feed wheat.

A.Zlochevsky explained that by the end of agricultural year, the export volumes will completely depend on the results of competitive work with Ukraine. Also, it should be noted that the global market of feed wheat is not large-scale, because animal breeders prefer purchasing corn and feed barley.