In February, Russia set a record for wheat exports – Rusagrotrans

Published 2024년 3월 5일

Tridge summary

Russia has achieved a record in wheat exports, reaching 36.8 million tons from the start of the current agricultural year to February, as reported by the Union of Grain Exporters. This surge is due to the expansion of sales markets and increased supplies to countries including Algeria, Bangladesh, Indonesia, Kenya, and Pakistan. Additionally, barley exports, especially to China, have seen a rise. Overall, Russia is projected to export 66.7 million tons of grain, 3.46 million of grain legumes, and 1.6 million of flour in the current agricultural year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Exports of Russian wheat from the beginning of the current agricultural year (changes in Russia every July - ROSNG) to February reached a record 36.8 million tons. This was reported by the Union of Grain Exporters with reference to the marketing director of the analytical company Rusagrotrans, Igor Pavensky. The increase in supplies occurred not due to traditional importers, but due to the expansion of sales markets and increased supplies to countries such as Algeria, Bangladesh, Indonesia, Kenya, Pakistan and a number of others. Rosstat increased the estimate for the grain harvest in 2023 Barley exports also increased. For example, its supplies to China increased sharply - from 73 thousand to 600 thousand tons. Kazakhstan has also strengthened its position in barley on the Chinese market. In addition, the republic competes with Russia in the export of flour to Afghanistan. Pavensky noted that in this market our country is ...

Source: Rosng