Wheat field in Russia. Source: Lori/Legion Media
Australia's largest wheat exporter, CBH Group is planning to start operations to Russia and sell Black Sea grain in Asian markets, Reuters reported.
The grower-owned cooperative will open an office in Krasnodar and will use a local service provider to buy wheat and barley directly from Russian farmers, according to the World-Grain.com website.
“This new venture will supplement grain purchased from Australian growers by allowing CBH to better satisfy customer requirements through providing varieties of grain that are prevalent in the Black Sea region but currently not grown in Australia,” Reuters cited CBH as saying in a letter to its members.
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