In March, Russia's wheat exports significantly decreased to 1.78 million tons, a 2.9 times drop compared to the previous year, according to the Russian Grain Union. Despite initial projections, exports to 21 countries, including major buyers like Egypt, Bangladesh, and Sudan, saw a decline in import volumes. The price of Russian wheat increased slightly, while prices for French and American wheat remained relatively stable. This, along with other factors, led to a decrease in export profitability, contradicting predictions of increased exports due to higher prices.