Ministry of Agriculture: in the season-2019/20, Russia exported 41.7 million tons of grain

Published 2020년 7월 10일

Tridge summary

Russia's grain exports for the past agricultural year are preliminarily estimated at 41.7 million tons, with wheat making up 33.2 million tons, according to the Federal Customs Service. The total volume may exceed 43 million tons. Despite the lead in soft wheat and informal shipments to Kazakhstan, Russia is currently in second place in total wheat exports behind the EU, but is expected to regain the top spot for the 2020/21 season. Export activities are currently slow due to a late harvest, but are expected to pick up by the end of July. The Ministry of Agriculture confirms a forecast of a grain harvest of 122.5 million tons, including 75 million tons of wheat, despite some regions facing drought and emergency measures.

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Original content

Minister of Agriculture Dmitry Patrushev during the All-Russian Field Day 2020 said that, according to the Federal Customs Service (FCS), grain exports in the past agricultural year are estimated at 41.7 million tons (excluding the EAEU), wheat - at 33.2 million t. These data are preliminary and will be adjusted as exporters submit clarifying information on incomplete declarations. The total volume of grain supplies may exceed 43 million tons, reports Prime. The Director General of the Institute for Agricultural Market Studies (IKAR) Dmitry Rylko says that if we take into account only soft wheat and informal shipments to Kazakhstan, Russia will remain the leader in its exports by the end of the 2019/20 season and ahead of the EU. If we take into account the export of durum wheat and not take into account the informal part of the Russian export, then we are in second place after the European Union. “But this is not for long - according to the results of 2020/21, Russia will again ...

Source: AgroInvestor