World: Black Sea region ousts EU and USA from the traditional wheat markets
Second season in a row Russia, Ukraine and Kazakhstan export record high volume of wheat, leaving behind such top-exporters as USA and EU countries. Despite another record in world wheat production in 2016/2017 (+1,2% to 743.44 MMT according to USDA), meaning tougher competition on key wheat export markets, situation looks promising for the Black Sea…
