Grain exports from the Russian Federation since the beginning of the agricultural year have exceeded last season by 10 million tons

Published 2024년 5월 28일

Tridge summary

Russian grain exports have reached over 60 million tons since the start of the agricultural year, an increase of over 10 million tons from the previous year, according to Eduard Zernin, Chairman of the Board of the Union of Grain Exporters. This increase is due to a diversification of both sales markets and the range of agricultural products supplied, including wheat, as well as feed crops such as barley and corn. Russian exporters have also entered new markets in Asia, Sub-Saharan Africa, and Latin America, following the departure of global grain traders from the Russian market last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Moscow. May 28. INTERFAX.RU - Grain exports from the Russian Federation since the beginning of the agricultural year (from July 1, 2023) amounted to over 60 million tons and is already more than 10 million tons higher than the same period of the last agricultural year. This was announced by the Chairman of the Board of the Union of Grain Exporters Eduard Zernin in an interview with Interfax. “Exports this season have already crossed the mark of 60 million tons. No one has any doubts about record exports. We are ahead of more than 10 million tons compared to the previous season for grain, including more than 5 million tons for wheat ", - he said. Feed crops – barley and corn – added another 5 million tons to exports, which, according to him, was a real breakthrough for the current 2023/24 agricultural season. “We are diversifying not only sales markets, we are diversifying the range of supplied agricultural products, accustoming the world market to the idea that Russia is not only ...
Source: Interfax

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