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Russia’s Dominance of the Wheat World Keeps Growing

  • Major wheat importer Algeria will allow Russian supplies
  • Russia has steadily expanded market share in recent years
A worker monitors as harvested wheat grain is unloaded into a truck during the summer harvest on a farm in Krasnodar, Russia, on July 3.

A worker monitors as harvested wheat grain is unloaded into a truck during the summer harvest on a farm in Krasnodar, Russia, on July 3.

Photographer: Andrey Rudakov/Bloomberg
Updated on

Russia looks set to cement its place as the dominant force in the wheat world.

In 20 years, Russia has gone from being reliant on wheat imports to accounting for a fifth of global sales, as its fertile soils generate bigger harvests at attractive prices. More than 100 nations from Egypt to the Philippines buy its grain, and Russia has sought to extend that list by adding markets where its wheat has been excluded because of rules over grain quality.