With grain production in Russia expected at record highs this year, the country has continued boosting exports and extending the list of its potential buyers.
Algeria’s state grains agency said last week it would start accepting wheat imports from all countries, including Russia, in its next tender. Until now, Russia has only been able to export small amounts to the world’s third-biggest buyer of wheat.
The move follows Saudi Arabia opening up its market for Russian grain last year. Russian grain accounted for all cargoes bought in Egypt’s latest tender on Tuesday. Russia has also increased wheat exports to Turkey, Brazil, Vietnam and Tanzania in recent years. (RT)
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