World’s Appetite for Russian Wheat Remains Strong
Despite the pressures from war, wheat traders continue to ship out large amounts of Russian grain that’s in high demand.
A combine harvester drives through a wheat field near Stavropol, Russia.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
A few months into the war in Ukraine, appetite for Russian wheat remains strong and there’s little sign that exports will fall soon.
After briefly dropping at the start of the war as some traders were impacted by financing and logistics issues, the country’s wheat shipments have remained in line with usual volumes. While it’s becoming harder to trade grain from there, Russian companies and international merchants like Viterra continue to sell large amounts.