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Russia Wheat Exports Drag as War Hits Shipment of Record Harvest

  • Exports remains ‘painfully slow’ at start of season: SovEcon
  • Ukraine wheat sales also running at only a third of normal
Wheat is loaded aboard a cargo ship in the port of Rostov-on-Don, Russia, on July 26.

Wheat is loaded aboard a cargo ship in the port of Rostov-on-Don, Russia, on July 26.

Source: AFP/Getty Images

Top wheat exporter Russia is struggling to ship its record harvest. 

Analysts have progressively hiked estimates throughout the summer as yields were buoyed by good weather, with the crop expected to notch an all-time high. That should fuel a similar surge in shipments, which seasonally peak at this time of year, but sales so far are running well behind the norm.