USDA: Russia Dominating World Wheat Market
Back in the 1980s and 1990s, for Russia to feed its people, they had to purchase a large amount of U.S. grain, particularly wheat. However, a lot has changed over the past 30 years.
“Russia has emerged over the past few decades to be the dominant global supplier of wheat," noted USDA Outlook chairman Mark Jekanowski. He added roughly 25% of...