Russian wheat exports plummet for fourth straight month on lower profitability
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Russian wheat exports plummet for fourth straight month on lower profitability
SovEcon, a leading agricultural consultancy, estimates that Russia will export 2.0 million metric tons of wheat in April. This figure represents a significant decrease compared to the 5.0 million metric tons exported in April of the previous year and is also notably lower than the five-year average for April exports, which stands at 3.5 million metric tons.Russia’s wheat export rates have remained below average for four consecutive months. This…
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