Export of wheat from Russia from March 1 to 20 increased by 2.3 times

Published Mar 21, 2023

Tridge summary

From March 1 to March 20, Russia experienced a significant increase in grain exports, with wheat shipments alone reaching 2.706 million tons, a 2.3-fold increase from the previous year, according to the Russian Grain Union. Corn exports also saw a 2.4-fold increase, while barley exports decreased by 8.2%. In total, Russia exported 3.167 million tons of grain, a 2.2-times increase from the same period last year. Egypt and Turkey were the largest buyers, with Egypt's purchase increasing by 65% to 623 thousand tons. Wheat was shipped to 19 countries, up from 15 the previous year, and Russia saw active shipments to countries it had not exported to during the same period last year. The exports were facilitated through 10 ports, with notable increases in shipments through Novorossiysk, Azov, and Rostov-na-Don.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From March 1 to March 20, Russia shipped 2.706 million tons of wheat for export, which is 2.3 times more than a year earlier, follows from the monitoring of the Russian Grain Union. Elena Tyurina, director of the Union's Analytical Department, told Interfax that shipments of corn increased 2.4 times to 370,000 tons, while barley dropped by 8.2% to 91,000 tons. In total, 3 million 167 thousand tons of main types of grain crops were exported, which is 2.2 times more than in the same period last year. "The dynamics of exports suggests that by the end of March, about 4.9 million tons of grain can be shipped, which is 26% more than last year. Including shipments of wheat, they can grow 2.2 times, up to 4.2 million tons. Last season, 1 million 913 thousand tons of wheat were exported in March," Tyurina said. According to her, wheat was supplied to 19 countries of the world against 15 countries a year ago. The largest buyer is still Egypt, which bought 65% more wheat than last season - ...
Source: Zol

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