Russia Helping Venezuela with Wheat Supplies, says Foreign Minister

March 5th, 2019

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Category: Grains

(NASDAQ) – Russian Foreign Minister Sergei Lavrov said on Friday that Moscow was helping Venezuela with supplies of wheat, hours before a Reuters reporter saw a Venezuela-bound cargo ship carrying Russian wheat transit the Bosphorus.

Lavrov made the comments about wheat at a joint news conference with Venezuelan Vice President Delcy Rodriguez, who was visiting Moscow.

Hours after he spoke, a Reuters photographer saw a cargo ship laden with Russian wheat near Istanbul en route for the Mediterranean. Publicly available tracking data showed the ship was bound for Puerto Cabello in Venezuela.

A Turkish official said the ship was carrying 32,400 tonnes of Russian wheat.

Russia’s agriculture ministry said Moscow had delivered 257,200 tonnes of wheat in 2018 for $57.9 million. It said 30,600 tonnes of wheat had been delivered in January this year for $7.1 million.

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