Grain exports from the Russian Federation for 11 months of the agricultural year will amount to a record 62.8 million tons

Over the 11 months of the current agricultural year (from July 1, 2023 to May 31, 2024), the Russian Federation exports a record 62.8 million tons of grain, which is 8% more than in the same period last season. This forecast was made by the Russian Grain Union. “Thus, with an export potential for the entire 2023/2024 agricultural year (ends June 30 - IF) of 67 million tons, the volume of grain shipments in June could amount to 4.2 million tons, including about 3.9 million tons of wheat. Its export volume the potential for the agricultural year is estimated at 55 million tons,” Elena Tyurina, director of the union’s analytical department, told Interfax. At the same time, the downward trend in grain shipments, which began in early May, continues throughout the month, she noted. By May 27, 4.65 million tons of grain were shipped for export, which is 20.4% less than from May 1 to May 27 last year. Including shipments of wheat fell by 18.8%, to 3 million 846 thousand tons, barley - by ...