8 Sep 2022 12:51

Russia, Nicaragua discuss prospects for Russian wheat supply - Rosselkhoznadzor

MOSCOW. Sept 8 (Interfax) - Russia and Nicaragua have discussed prospects for Russian wheat supply to the Latin American country.

Representatives of the Russian Federal Service for Veterinary and Phytosanitary Supervision (Rosselkhoznadzor) took part in a meeting of the Russia-Nicaragua Intergovernmental Commission co-chairs at the Eastern Economic Forum. "The sides discussed certain aspects of the bilateral strategic partnership, including the delivery of Russian wheat to the Nicaraguan market," the service said in a statement.

Meanwhile, the Russian Union of Grain Exporters told Interfax that Russia exported 32,266 tonnes of food wheat to Nicaragua in the previous agricultural year (July 2021 - June 2022), as against 65,600 tonnes the year before. This is the smallest amount exported since the 2012/2013 agricultural year when Nicaragua procured 24,533 tonnes of Russian wheat. The food wheat exports to Nicaragua were the largest, 105,700 tonnes, in the 2019-2020 agricultural year. The overall wheat exports hit the all-time high in the 2018-2019 agricultural year when Russia exported 122,500 tonnes of 4th class wheat to Nicaragua.

Nicaragua imported 198,000 tonnes of wheat during last agricultural year, as against 226,000 tonnes the year before. It also imports corn and rice. These imports stood at 633,000 tonnes and 110,000 tonnes, respectively, in the previous year, as against 551,000 and 117,000 tonnes the year before.