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Russia stirs up the wheat market

AnalysisBy Jurphaas LugtenburgPublished: Mar 10, 2025

The Kremlin has given a clear hint about tightening Russian wheat export quotas if yields in Russia disappoint. The abundant supply of relatively cheap Russian wheat is putting pressure on the world market. Import duties and the uncertainty surrounding them continue to occupy minds in world trade. Trump's import duties, however, are not a problem for everyone. Brazilian soybean growers actually benefit from them.

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