During the holidays, Russia exported more than 1.5 million tons of grain

Grains, Cereal & Legumes

Russia

Market & Price Trends

Published Jan 12, 2024

Tridge summary

Despite unfavorable weather conditions, Russia exported over 1.5 million tons of grain between January 1 and 9, an increase of 155 thousand tons compared to the same period last year. The trend towards increased grain supplies to friendly countries, especially in Asia and Africa, was noted by Rosselkhoznadzor. Furthermore, Russia has significantly increased its grain shipments to China and other countries in the Eurasian Economic Union, and grain products were supplied to 101 countries last year.

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Original content

During the holidays, Russia supplied more than one and a half million tons of grain abroad, Rosselkhoznadzor reported. It is clarified that we are talking about deliveries from January 1 to January 9. According to the department, this is 155 thousand tons more than in the same period last year. They also noted that such high export rates were maintained despite unfavorable weather conditions in a number of regions, including seaports. Let us recall that it is by sea that the bulk of Russian agricultural products are transported, including the grains themselves. It should also be added that an additional problem that domestic grain exporters could face is weak market activity due to the holidays. However, this factor also could not stop them. Rosselkhoznadzor also noted a trend toward an increase in grain supplies to friendly countries. Of the poor and moderately developed ones, in the markets of which our country is already present, there are two from Asia (Bangladesh and Yemen), ...

Source: Rosng