World still needs huge amounts of Russian wheat despite war

Russia is benefiting from strong demand caused by its invasion of Ukraine and the state's export duty on wheat

Logistic OS estimates Russia’s April wheat sales tripled from a year earlier. File picture

A few months into the war in Ukraine, appetite for Russian wheat remains strong and there’s little sign that exports will fall soon.

After briefly dropping at the start of the war as some traders were impacted by financing and logistics issues, the country’s wheat shipments have remained in line with usual volumes.