Russian grain exporters see growth potential in India and China

MOSCOW (Reuters) - Russia's grain exporters see potential to increase supplies of pulses and cereals to India and China while continuing to focus on their traditional markets in the Middle East and North Africa, the Russian Ministry of Agriculture reported on Tuesday. Turkey's decision to suspend wheat imports will not affect the level of Russian exports, the ministry said in a statement following talks between Agriculture Minister Oksana Lut and grain exporters. "The meeting participants reached a consensus that Turkey's refusal to import will not affect our country's export potential, since in the new season (2024/25) it is planned to reduce Russia's supply to the world market to 60 million tons of grains", said the ministry. "In the current environment, domestic exporters will focus on key markets in the Middle East and North Africa, as well as developing relationships with India and China, where there is progress in the supply of pulses and broad prospects for grain crops ". ...