Russia has increased grain exports by more than 13% since the beginning of the month

Published 2023년 8월 22일

Tridge summary

Russia's grain exports increased by 13.4% in August compared to the same period last year, primarily driven by a rise in wheat exports. Wheat accounted for 3.8 million tons, an increase of 17%. While corn exports also rose, barley deliveries decreased by 4.6%. Within the top importing countries, Egypt and Kenya were the largest recipients of Russian wheat, but exports to Egypt dropped by 62% due to technical issues.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From August 1 to August 20, Russia increased grain exports by 13.4 percent or half a million tons from the same period last year, or up to 4.4 million. This was reported by Interfax with reference to the head of the analytical department of the Russian Grain Union (RGU) Elena Tyurina. Traditionally, the largest part was wheat - 3.8 million tons, which is 17 percent or 550 thousand tons more. The reason is that this crop is traditionally in special demand among other grains, and the number of its importers is constantly expanding. For corn, the indicator also rose, but slightly - by 1.7 percent to 79,500 tons due to several new importers. Barley deliveries, in turn, decreased by 4.6 percent or up to 540,000 tons. Tyurina expects that five million tons will be exported by the end of the month. This is 500 thousand tons higher than the last agricultural year, but one million below the record level by August 2021. The Grain Council raised the forecast for wheat exports from Russia in ...
Source: Rosng

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