Ukraine, Russia, Kazakhstan to ensure over a third of world wheat exports over next decade

Total wheat exports from Ukraine, Russia and Kazakhstan over the next decade will be approximately 33% of the world wheat exports, nearly two times more than projected wheat exports from the current leader - the United States (17.7%).
Wednesday 6 July 2011 (7 years 3 months 11 days ago)
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Total wheat exports from Ukraine, Russia and Kazakhstan over the next decade will be approximately 33% of the world wheat exports, nearly two times more than projected wheat exports from the current leader - the United States (17.7%).

This is stated in an agricultural outlook by the Organization for Economic Cooperation and Development (OECD) and the Food and Agriculture Organization (FAO) of the United Nations.

According to analysts, in 2001-2010, the share of U.S. wheat exports was 25.1%, while that of Ukraine, Russia and Kazakhstan - 18.3%.

In the case of RUK, export growth has been driven by improved production, generated with the rise of large, vertically-integrated farming operations (big farm co-operatives) actively pursuing better agronomic and management practices.

According to analysts, growth in RUK production and exports should serve to improve exportable supplies of wheat, thereby helping to mitigate global food security concerns in the medium term.

http://invest-ukraine.net/news/938.html

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