Russian Wheat Sales Expand Global Reach With Surge in Sudan

  • Exports to African country have risen 87 percent this season
  • Sudan’s liberalized bread prices this year may affect trade
Wheat kernels sit in a field during the summer wheat harvest on a farm operated by Kuban Agroholding, a unit of Basic Element Co., in Ust-Labinsk, Russia, on Sunday, June 26, 2016. Russian wheat-export prices dropped to a six-year low last week as prices in major competitors such as the U.S. and France fell and harvesting of a bumper crop was about to start.

Photographer: Andrey Rudakov/Bloomberg

Lock
This article is for subscribers only.

Russian wheat exports are expandingBloomberg Terminal further across the globe as the world’s biggest shipper edges out competitors.

In the latest example, its shipments to Sudan have jumped 87 percent so far this season, turning the African country into the seventh-largest customer for Russian wheat, Institute for Agricultural Market Studies figures show.