Wheat and barley can be supplied to China from all over Russia

Published 2022년 2월 8일

Tridge summary

Russia and China have expanded their agricultural trade, with China greenlighting the import of wheat, barley, and alfalfa from any part of Russia, a significant expansion from previous restrictions that allowed imports only from specific regions. This development, highlighted during Russian President Vladimir Putin's visit to China, marks a major shift in the two nations' agricultural trade dynamics. Despite limited historical trade, the potential for large-scale deliveries from the Azov-Black Sea basin is now on the horizon for the 2022/23 season, with wheat's competitive pricing and quality positioning Russia as a promising supplier amidst China's efforts to bolster its grain reserves. Furthermore, the agreement is anticipated to encourage more countries to open their markets to Russian grain, with alfalfa suppliers like Ecokorm LLC already poised to enter the Chinese market, improving logistics and optimizing commodity flows.

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

Original content

Russia and China have signed bilateral agreements allowing the export of wheat and barley to China from all over Russia, as well as allowing the supply of alfalfa. The relevant documents were adopted on February 4 as part of Russian President Vladimir Putin's visit to China and negotiations with Chinese President Xi Jinping. Thus, additions were made to the protocol of November 1, 2017 on phytosanitary requirements for wheat and to the protocol of June 5, 2019 on phytosanitary requirements for barley. "The changes cancel the regionalization of shipments of wheat and barley from Russia to China. Now these grain crops can be imported to China from the entire territory of the Russian Federation," the Rosselkhoznadzor said in a statement. A protocol was also adopted between the Rosselkhoznadzor and the Main Customs Administration of the PRC on sanitary and phytosanitary requirements for alfalfa exported from Russia. The document allows the supply of this crop to China. Previously, the ...

Source: Chinalogist