Highlights Exportable surplus set to grow to 41 mil mt for 2022-23: IKAR Russia will struggle to export over 3 mil mt/month: traders Panamax owners most reluctant to load from Russia As the global leaders fret about food inflation, Russia is preparing to reap one of its largest-ever wheat crops, but the country is likely to show a sharp year-on-year fall in shipments for the first two months of the marketing year as larger vessels avoid the country’s Black Sea ports, according to traders. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now “The surplus is there, the bottleneck is execution,” one trader said. “July to August [will be] rather modest shipment months in comparison with the potentially great crop,” said Russian agriculture consultancy IKAR, putting Russia’s 2022 crop at 87 million mt, of which 41 million mt would be available for export. To […]