International Grain Council expects Russian wheat production t | ITI Funds
International Grain Council expects Russian wheat production to exceed 79 million tons in 2020/21 season. It will be the largest volume for the whole history except 2017/18 season. The estimated export volume is 36.1 million tons. Russia remains the largest wheat exporter.
Thus we see the following product as a good opportunity: ITI Commodities bonds backed by export wheat export with fixed annual coupon 11% paid quarterly.
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