GLOBAL MARKETS

Global wheat tsar

It’s been a long time since any country shipped out as much wheat as Russia. As estimates for the Black Sea nation’s harvest keep growing, so does the outlook for exports. The world’s top exporter is now expected to sell 36.6 Mt abroad, according to consulting company Sovecon and the Institute for Agricultural Market Studies. The US was the last nation to ship out a greater volume, doing so a quarter of a century ago.