IKAR in Mass and Industry Media

Russian Wheat Exports May Miss Forecasts on Delays, Rylko Says

Bloomberg

Feb. 23 (Bloomberg) -- Russian wheat exports may miss government forecasts on delays and shipments may total 20 million metric tons in 2011-2012, said Dmitry Rylko, general director at the Institute for Agricultural Market Studies.

Small ports in Russia may stay frozen through mid-March, he said a conference in Singapore. The country's shipments may fall from a record in 2012-2013 as frost hurts crops and carryover inventories decline, he said.

Kazakhstan's wheat exports will ``most likely'' drop in 2012-2013 as the country may have a ``problematic'' harvest because soil nutrients are exhausted after a record crop, he said. The institute, known as Ikar, is a research organization based in Moscow.

23.03.12

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