Russia Exports Grain At Record Pace

RUSSIAN grain exports have reached 3.4m tonnes since the start of the new crop year in July, a record volume for the first two months of a season.

Russian wheat exports rose to 2.2m tonnes in August from 720,00 tonnes in July. Major purchasers in August were Egypt and Turkey, while Iran joined the group of leading buyers for the first time.

Russia started wheat exports to Kenya, Jordan, Tanzania, Tunisia, Morocco, Uganda, Malawi and Bangladesh.

Azerbaijan remained a major buyer of the country's grain due to the absence of Kazakh supplies.

Exports to Georgia, which in 2007-2008 was a big Russian wheat buyer, included several thousand tanks and armed personnel, but alas no wheat.