Rusagrotrans has reduced its forecast for Russia's July wheat exports to 1.9 million tons, marking a 9.5% drop from its previous estimate of 2.1 million tons.
The downward revision comes amid worsening logistics and growing shipping risks in the Azov and Black Seas, which are already affecting the pace of Russian grain exports.
Rusagrotrans expects Russia's wheat exports to recover to 3-3.5 million tons in August.
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