Russian Grain Union notes a 23% reduction in grain export shipments in December

Published 2024년 12월 24일

Tridge summary

From December 1 to 23, Russia's grain exports saw a 23.2% decrease compared to the same period last year, totaling nearly 2.5 million tons. This includes a 9.3% decrease in wheat exports, a 79% decrease in corn exports, and a 67% decrease in barley exports. Egypt, Bangladesh, and Saudi Arabia were the leading buyers of wheat, while Iran became the main buyer of corn and barley. The number of companies involved in grain shipping and the number of shipping ports also decreased. Additionally, the article discusses the price dynamics for wheat and corn in the domestic market, noting an increase in prices for producers over the past week.

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

Original content

Moscow. December 24. INTERFAX.RU - From December 1 to 23, Russia shipped almost 2.5 million tons of grain for export, which is 23.2% less than in the same period last year, according to monitoring by the Russian Grain Union. "If in the first half of December there was an increase in shipments, then the last week showed a decrease, and as a result, from December 1 to 23, total shipments of the main types of grain decreased by 23.2%, to almost 2.5 million tons," Elena Tyurina, director of the union's analytical department, told Interfax. In particular, wheat exports decreased by 9.3%, to 2.29 million tons, corn - by 79%, to 93 thousand tons, barley - by 67%, to 79 thousand tons. "We can already assume that by the end of December, wheat shipments could amount to 3.1 million tons against 3.6 million tons in December last year. Exports of other crops will also be lower than last year's figures," the expert said. According to Tyurina, Egypt traditionally leads in wheat purchases - 363 ...

Source: Interfax