Russia: Export of grain in the current agricultural year may reach 43 million tons
Russia
Published Jan 26, 2022
Tridge summary
Russian grain exports in the 2021-2022 agricultural year (July 1, 2021 - June 30, 2022), according to forecasts, may amount to about 43 million tons, in particular wheat - 33 million tons. Igor Pavensky, Director of the Strategic Marketing Department of JSC Rusagrotrans, told TASS about this. "The forecast for grain exports, including legumes and deliveries to the EAEU countries, is about 43 million tons, wheat exports - more than 33 million tons," Pavensky said. In particular, in January, according to Pavensky's forecasts, wheat exports from Russia may reach 2-2.2 million tons.
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"This is lower than a year ago, when it sharply intensified due to the introduction of duties from mid-February and amounted to 3.45 million tons, but higher than in January 2020 (1.9 million tons)," the expert added. As Vladimir Petrichenko, General Director of Prozerno, recalled, from February 15 to June 30, 2022, an export quota for grain will be in effect in Russia. In this regard, in his opinion, activation of grain exports in the first half of February is possible. At the same time, according to Pavensky, the quota does not apply to deliveries to the EAEU countries. In this connection, this agricultural year, deliveries to the countries of the Union can reach a record of 3.8 million tons, which is 2 times higher than the export of the last season. Director General of the Institute for Agricultural Market Studies (IKAR) Dmitry Rylko noted that it is possible that wheat exports will be less than 33 million tons. This may be due to tariff quotas, low demand and logistical ...
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