Black Sea wheat exports remain strong

Black Sea wheat exports remain strong

The president of U.S. Wheat Associates says the Black Sea Region will export more wheat this year compared to last year.

Vince Peterson says the uptick comes from Russia despite the war, sanctions and the uncertainties surrounding the Black Sea Grain Initiative.  

“Russia had a record crop with more than 100 million tons of wheat. Their exports are going to grow almost 20 million tons of this year, because there are no sanctions involved.

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