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Digi24 quoted Bloomberg's report on the 27th that analysts at consulting firm Agritel said that countries around the world are buying unprecedented quantities of wheat from Europe after the failure of other major wheat exporting countries
.
EU wheat exports may exceed the 11 million tons threshold by the end of this month, which will be 25% higher than the same period last year
.
This demand has caused baked wheat futures prices to rise to record highs
.
On Tuesday, on the Paris Stock Exchange, wheat quotations reached 284 euros per ton, the highest level since 2008
.
Russia is currently the world's largest wheat exporter.
European wheat makes up for the reduction in wheat deliveries in other regions of the world, and the impact of export taxes on Russian wheat sales
.
This year Romania also replaced Russia in the world's largest wheat buyer Egypt's market dominance
.
The United States predicts that the European Union will replace Russia as the largest wheat exporter in 2022
.
.
EU wheat exports may exceed the 11 million tons threshold by the end of this month, which will be 25% higher than the same period last year
.
This demand has caused baked wheat futures prices to rise to record highs
.
On Tuesday, on the Paris Stock Exchange, wheat quotations reached 284 euros per ton, the highest level since 2008
.
Russia is currently the world's largest wheat exporter.
European wheat makes up for the reduction in wheat deliveries in other regions of the world, and the impact of export taxes on Russian wheat sales
.
This year Romania also replaced Russia in the world's largest wheat buyer Egypt's market dominance
.
The United States predicts that the European Union will replace Russia as the largest wheat exporter in 2022
.
