By 2030, Russia plans to produce 170 million tons of grain per year — Lut

Published 2025년 2월 19일

Tridge summary

Russia is planning to increase its grain production to 170 million tons per year by 2030, with an export potential of at least 80 million tons. In 2024, the country supplied 72 million tons of grain to foreign markets, covering domestic needs and maintaining a high export potential. Russia is also the world leader in peas exports with 3.2 million tons last season. The country is expanding its grain export geography, supplying to 109 countries, 70% of which is to the Middle East and Africa. Russia has started the process of creating a BRICS grain exchange to ensure pricing transparency and simplify international settlements for BRICS member countries. The ministry is also providing agricultural support to partners to ensure food security and supplying high-quality agricultural products.

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Original content

Russia has begun work on creating a BRICS grain exchange By 2030, Russia has set a plan for grain production of 170 million tons per year, with an export potential of at least 80 million tons. This was announced on February 18 by Russian Minister of Agriculture Oksana Luth at the plenary session of the III International Forum Global Grain and Pulses Forum 2025 in Dubai. Luth recalled that last year, Russia supplied 72 million tons of grain to foreign markets, of which 54 million was wheat (first place in the world in wheat exports). According to her, the country had a very good harvest for several years in a row, but in 2024 it was possible to collect slightly less than in the previous two years due to climatic conditions: about 130 million tons. This completely covers domestic needs and allows maintaining a high export potential. It is expected that in the current season, Russia will send 55-57 million tons of grain to foreign markets. The head of the Ministry of Agriculture ...

Source: Specagro