Russia is set to leave behind Canada and the U.S. – the largest and the second largest wheat exporter respectively – during this year’s wheat harvest. The shift is caused by a strong dollar, cheap oil and expanding harvests. Russia is poised to export 23.5 million tons of wheat this year, an increase of 3 per cent, while Canada is set to export 20.5 million tons and the U.S. is set to export 21.8 million tons, the lowest level in 44 years.
