Russia, which harvested a bumper corn crop this past year, also saw its corn exports from September-November 2016 increase by 59% to 1.8 million tonnes compared to 1.13 million tonnes in the same period in the previous crop year.
It said Russia is seeing increasing corn purchases from Japan as well as Southeast Asian countries. So far this year, Russia has shipped an all-time high of 227,314 tonnes of corn to Japan and a combined 120,000 tonnes to Bangladesh and Vietnam, which are relatively new corn export markets for Russia.