Russian Grain Union: Russian grain exports increased 1% year-on-year in October

Elena Qiulina, director of the analysis department of the Russian Grain Union, said that this represents the first increase in exports since July this year. According to her, wheat exports in October were close to 6.5 million tons, up 10.8% from 5.8 million tons in the same period last year. Barley exports were 430,000 tons, down 31.6% year-on-year; corn exports were 217,700 tons, down 62.5% year-on-year. In the first four months of the 2024/25 fiscal year, from July to October, Russia exported 25 million tons of grain, down 13% year-on-year; of which wheat exports were 21.8 million tons, down 7% year-on-year. The largest buyer of Russian wheat in October was Egypt, which was previously tendered by Egypt for delivery in October and November. As of the end of October, Russia Wheat exports to the country increased 1.8 times to 1.358 million tons. Algeria ranked second with 516,000 tons, up 15% year-on-year. Turkey ranked in the top three, but exports to the country fell 45% to ...