News

The quota for the export of grain from the Russian Federation is contracted at 60%

Russia
Published Apr 1, 2023

Tridge summary

The pace of grain exports from Russia is ahead of the record 2021/22 season, and the export quota, which began on February 15, is estimated to be covered by contracts from importing countries by more than 60%. Igor Pavensky, head of the Rusagrotrans Analytical Center, told pole.rf magazine about this.

Original content

In general, Rusagrotrans believes that the potential for grain exports in the 2022/23 season exceeds 57 million tons (60 million tons including flour and legumes), which will be a record for the first time since the 2017/18 season, when 54.2 million tons of grain. Wheat exports may also be the highest since the 2017/18 season and reach 46.8 million tons, Pavensky noted. The previous record was 42 million tons. In early February, Rusagrotrans estimated the potential for grain exports at 56.6 thousand tons, including 46 million tons of wheat. Russia harvested a record grain harvest of 157.7 million tons in 2022 and the dynamics of grain exports this season is the best ever. He stressed that the rate of grain export is 1 million tons ahead of the record agricultural year 2020/21. Exports began to exceed the levels of previous seasons only in October 2022, and at the moment the forecast for the export of grain for the 2022/23 season is a record 57 million tons, and taking into account ...
Source: Zol
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