https://sputnikglobe.com/20240811/brazil-resumed-import-of-russian-wheat-in-july-after-5-month-break-1119717643.html

Brazil Resumes Import of Russian Wheat in July After 5-Month Break

Brazil Resumes Import of Russian Wheat in July After 5-Month Break

Sputnik International

Brazil resumed purchasing Russian-produced wheat in June after a five-month break, Sputnik’s estimates, based on the data from the Brazilian customs office, showed.

2024-08-11T07:02+0000

2024-08-11T07:02+0000

2024-08-11T07:49+0000

economy

brazil

russia

wheat

wheat exports

https://cdn1.img.sputnikglobe.com/img/07e7/07/17/1112098007_0:160:3072:1888_1920x0_80_0_0_996cde3875135c57b3c47bc84d694ed7.jpg

In December 2023, Brazil suspended regular procurement of Russian wheat. In June, the country imported 187,200 tonnes of Russian wheat worth $41.3 million, meanwhile, in July, the Brazilian imports grew by 29%, amounting to 241,000 tonnes of wheat worth $56.2 million. In annual terms, the Brazilian relevant supply level increased by approximately 40%. Overall, Brazil imported 646,000 tonnes of wheat from abroad in July, while since January the import has increased by 60% to 4 million tonnes. In July, an analysis of the International Grains Council's data conducted by Sputnik showed that Russia exported a record 55.3 million tonnes of wheat in the 2023-2024 agricultural season that accounts for 26.1% of global wheat exports.

https://sputnikglobe.com/20240524/russias-share-in-global-wheat-export-to-surpass-25-in-2024-1118617085.html

brazil

russia

2024

News

en_EN

brazil resumed purchasing, russian-produced wheat,