MOSCOW: The pace of barley exports from Russia is still extremely slow, reports UkrAgroConsult. According to official information, Russia supplied 261.3 KMT of barley to foreign markets in November 2016, or 37% less than in November 2015 (416.7 KMT). In total, this season’s barley exports from Russia also fell – by 37% to roughly 1694 KMT against 2675 KMT in July-November 2015/16.
Saudi Arabia, the main destination market for Russian barley, purchased 54% of the entire volume exported at the time – 907 KMT, or down 45% year-on-year. Exports to the EU represented 6% of all deliveries in this period against just around 3% last season. Shipments of Russian barley were resumed to the Syrian market, which already absorbed over 21 KMT. UkrAgroConsult notes that the pace of exports is still the lowest in last several years, increasingly questioning the realization of Russian barley export potential in season 2016/17.
