중국 소맥 insights

She emphasized that currently, China only allows imports of Russian spring wheat and barley, while winter wheat has no essential differences in variety and quality, and also follows strict quarantine standards, so Russia finds the current restrictions "hard to understand." Ms. Lut was one of the members of the delegation accompanying Russian President Putin on his visit to China this week. She said on Tuesday that Russia is maintaining systematic communication with China and is confident of eventually obtaining export licenses. She emphasized that winter wheat and spring wheat have exactly the same quarantine requirements, especially in terms of avoiding the carriage of harmful organisms, which must meet the same standards. Therefore, Russia believes that there are no additional risks or obstacles. Currently, the Chinese market's demand for Russian grains is continuously growing. Chinese customs data shows that in 2024, China imported a total of $8725.2 million worth of wheat from Russia, significantly higher than the $3471 million in 2023, indicating the rapid expansion of Sino-Russian grain trade. The amount of barley imported by China from Russia also increased from $110.3 million in 2023 to $177.1 million in 2024. Russian experts generally believe that winter wheat is superior to spring wheat in terms of yield and market potential. If China grants import licenses, it will further expand the scale of exports to China. As one of the world's major grain exporters, Russia has been seeking to strengthen agricultural product trade cooperation with China in recent years, while China, as the world's largest grain importer, is increasingly in need of diversified supply sources. Overall, the negotiation of winter wheat export rights not only involves issues of market access for agricultural products but also reflects the deepening trend of Sino-Russian cooperation in agricultural trade. If approved, Russia's wheat exports to China are expected to increase significantly, bringing new growth points to its agricultural economy.

The Middle East, which includes parts of Western Asia and Egypt, has a population of 411 million. With a growing population and limited grain production, the region relies heavily on wheat imports, mainly from the Black Sea region. The key players in the region are Egypt, Iran, Turkey, Iraq and Saudi Arabia. Egypt is forecast

The Middle East, which spans parts of Western Asia and Egypt in North Africa, has a population just shy of 411 million people. Population growth and limited grain production capacity mean the region needs to import wheat, much of which comes from the nearby Black Sea producers. Key wheat-producing and importing countries in this region