Black Sea grain exporters face price pressure with big harvests
date:Jun 05, 2014
Russia and Ukraine, the biggest Black Sea grain exporters, face stiff competition in the 2014/15 marketing year that should see lower prices for their main customers, analysts and industry insiders said on Wednesday.

Russia, one of the world's major grain exporters, is expected to increase its grain crop by 5 percent in 2014 to 97 million tonnes, according to its Agriculture Ministry.

Ukraine may outdo last year's record output of 63 million tonnes despite political turmoil and violence, accor
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