MOSCOW: Soybean exports from Russia reached a record some 92 KMT in December 2017/18 against 73.7 KMT in the previous month and 61.2 KMT in December 2017. Overall, soybean shipments in the current 2017/18 season (September-January) stayed at the highest level: they totaled 248 KMT, i.e. almost 68% more than at the same time last season.
In MY 2017/18, Russian soybean exports are focused on the key importers. So, export shipments to China grew to 227.6 KMT versus 89 KMT a year ago, while those to Iran rose to 17.4 KMT versus 5.9 KMT in 2016/17. These were the largest volumes ever supplied by Russia to the above countries.