Grain exports from the Russian Federation from July 2023 to February 2024 will increase to 46.6 million tons

The Russian Federation will export 46.6 million tons of grain from July 2023 to February 2024, predicts Igor Pavensky, head of the agricultural markets analysis department at Rusagrotrans JSC. “This is much higher than for the same period of the last agricultural year - 38.7 million tons. The forecast for the entire 2023/2024 agricultural year is 66.7 million tons, and taking into account legumes - 3.46 million tons and flour - 1.6 million tons the total figure will be 71.8 million tons,” Pavensky said at the grain forum in Dubai on Tuesday. According to him, in August 2023, Russian grain exports reached a record monthly level of 6.98 million tons. In November, just 4.65 million tonnes were exported due to bad weather, the lowest since 2021, but shipments recovered to 5.33 million tonnes in December. Wheat exports from July 2023 to February 2024 could reach 35.6 million tons, which is 3.7 million tons more than the same period last season. The estimate of wheat exports for the ...