Russia's SovEcon sees 2019/20 grain exports at 49.4mn T

MOSCOW: SovEcon, a leading agriculture consultancy in Moscow, said it expected Russia's grain exports at 49.4 million tonnes in the 2019/20 marketing season starting on July 1, up from 44 million tonnes in the current season.

SovEcon said late on Thursday that its estimate of 2019/20 grain exports included 38.2 million tonnes of wheat, 5.3 million tonnes of barley and 3.9 million tonnes of maize (corn).

The Agriculture Ministry said on Thursday it expected Russia's 2019/20 grain exports at 45 million tonnes, including 36 million tonnes of wheat.